Question
A bond with a 12% coupon, 10 years to maturity and selling at 88:00 has a yield to maturity of _______. A. over 14% B.
A bond with a 12% coupon, 10 years to maturity and selling at 88:00 has a yield to maturity of _______. A. over 14% B. between 13% and 14% C. between 12% and 13% D. between 10% and 12% E. less than 12%
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American Public School Finance
Authors: William Owings, Leslie Kaplan
2nd Edition
1111838046, 978-1111838041
