Question
A 4.50 percent coupon bond with 16 years left to maturity is offered for sale at $933.51. What yield to maturity is the bond offering?
| A 4.50 percent coupon bond with 16 years left to maturity is offered for sale at $933.51. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) |
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The Ultra High Net Worth Bankers Handbook
Authors: Heinrich Weber, Stephan Meier
1st Edition
1905641753, 978-1905641758
