Question
A corporate bond with a face value of $1,000 matures in 4 years and has an 8% coupon paid semi-annually. The current price of the
A corporate bond with a face value of $1,000 matures in 4 years and has an 8% coupon paid semi-annually. The current price of the bond is $932. What is the yield to maturity for this bond?
Group of answer choices
5.65%
8.26%
12.00%
10.11%
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Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
