Question
A bond is currently priced at $1,000. If the bond pays a 4.65% semiannually compounded coupon for the next 25 years, what is the yield
A bond is currently priced at $1,000. If the bond pays a 4.65% semiannually compounded coupon for the next 25 years, what is the yield to maturity of the bond? (Provide your solution as a decimal with four digits of accuracy.)
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
