Question
A business issued bonds, each with a face value of $25,000, and a coupon rate of 10.8%, paid semi-annually. The bonds yield to maturity was
A business issued bonds, each with a face value of $25,000, and a coupon rate of 10.8%, paid semi-annually. The bonds yield to maturity was 12.2% and a market price of $23,008.96. In how many years will this bond issue mature?
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
