Question
A 7.35 percent coupon bond with 20 years left to maturity is offered for sale at $1,025.00. What yield to maturity is the bond offering?
| A 7.35 percent coupon bond with 20 years left to maturity is offered for sale at $1,025.00. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) |
| Yield to maturity | % |
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
