Question
A bond has ten years to maturity, a $1,000 face value, and a 5.7% coupon rate with annual coupons. What is its yield to maturity
A bond has ten years to maturity, a $1,000 face value, and a 5.7% coupon rate with annual coupons. What is its yield to maturity if it is currently trading at $752.05?
A. 13.5%
B. 7.74%
C. 11.62%
D. 9.68%
Please don't use excel and please go step by step
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
