Question
A 5% annual coupon, ten-year bond is priced at $1,060.00. The par value is $1,000. What is the yield to maturity (YTM) for this bond?
A 5% annual coupon, ten-year bond is priced at $1,060.00. The par value is $1,000. What is the yield to maturity (YTM) for this bond? (Answer to 4 decimals with zero before decimal point 0.XXXX)
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
