Question
A Home Depot, Inc. coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 10 years, and is selling
A Home Depot, Inc. coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 10 years, and is selling today at an $84.52 discount from par value. The yield to maturity on this bond is ________.
Group of answer choices
9.45%
6%
8.12%
7.22%
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Real Estate Finance
Authors: Walt Huber, Levin P. Messick
5th Edition
0916772438, 9780916772437
