Question
A bond will pay $80 in interest at the end of each of the next three years, plus $1,000 at the end of the third
A bond will pay $80 in interest at the end of each of the next three years, plus $1,000 at the end of the third year. If it has a present market price of $950, its yield-to-maturity is: (a) 8.5%. (b) 9.4%. (c) 10%. (d) 10.5%. (e) 11.2%.
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Options Trading For Beginners
Authors: Mike Hartley
1st Edition
979-8864514832
