Question
A 6.8% coupon bearing bond pays interest semi-annually and has a maturity of 14 years. If the current price of the bond is $1,134.26, what
A 6.8% coupon bearing bond pays interest semi-annually and has a maturity of 14 years. If the current price of the bond is $1,134.26, what is the yield to maturity of this bond? (Answer to the nearest tenth of a percent, e.g. 12.34%)
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
