Question
A bond sells for $984.10 and has a coupon rate of 6.70 percent. If the bond has 30 years until maturity, what is the yield
A bond sells for $984.10 and has a coupon rate of 6.70 percent. If the bond has 30 years until maturity, what is the yield to maturity of the bond? Assume semiannual compounding. Please give excel formula and financial calculator formula.
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
