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A family friend owns a private comany and wants to raise some cash. The company is not yet public so your friend wants to structure
A family friend owns a private comany and wants to raise some cash. The company is not yet public so your friend wants to structure a year debt instrument that looks like a bond that can be sold. The deal is for each one of these that you buy today for $ you will recieve every quarter a $ payment. And at the end of the three years after getting all those payments you will get a final of $ payment. What is the yield to maturity after this investment? please show work in excel.
A family friend owns a private comany and wants to raise some cash. The company is not yet public so your friend wants to structure a year debt instrument that looks like a bond that can be sold. The deal is for each one of these that you buy today for $ you will recieve every quarter a $ payment. And at the end of the three years after getting all those payments you will get a final of $ payment. What is the yield to maturity after this investment? please show work in excel.
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