Question
A 6.55 percent coupon bond with 19 years left to maturity is offered for sale at $1,125.25. What yield to maturity is the bond offering?
A 6.55 percent coupon bond with 19 years left to maturity is offered for sale at $1,125.25. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
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States And The Reemergence Of Global Finance
Authors: Eric Helleiner
1st Edition
0801428599, 978-0801428593
