Question
A 7-year Bond hsa a Price of $948.90 and a par value of $1,000 and pays interest semiannually. Calculate the yield to maturity if the
A 7-year Bond hsa a Price of $948.90 and a par value of $1,000 and pays interest semiannually. Calculate the yield to maturity if the coupon rate is 8%.
A.
9.999%
B.
9.000%
C.
8.031%
D.
10.061%
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
