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A bond is selling for $1,115.83, it has 5 years until maturity, and pays a semiannual coupon rate of 13% (APR =13%; Periodic rate =
A bond is selling for $1,115.83, it has 5 years until maturity, and pays a semiannual coupon rate of 13% (APR =13%; Periodic rate = 6.5% every 6 months). What is the yield to maturity (YTM) for an investor who buys this bond today and holds it until maturity? YTM=5.00% per year YTM=6.50% per year YTM =10.00% per year (10\% APR with semiannual compounding) YTM =13.00% per year
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Enron And World Finance A Case Study In Ethics
Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
1403947635, 978-1403947635
