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A $2500, 9.4% bond with semi-annual coupons redeemable at par in 9 years was purchased at 98.9. What is the approximate yield rate? a.9.5749% b.3.3596%
A $2500, 9.4% bond with semi-annual coupons redeemable at par in 9 years was purchased at 98.9.
What is the approximate yield rate? a.9.5749% b.3.3596% c.4.7874% d.6.7192%
A $6000, 8.7% bond with semi-annual coupons redeemable at par in 8 years was purchased at 94.8.
What is the average book value?
a.$3031.56 b.$5844.00 c.$6000.00 d.$5688.00
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