Question
a bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in 5 years. there are semi-annual
a bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in 5 years. there are semi-annual coupon payments. calculate the yield to maturity on an annualized basis (APR)
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
