Question
A security will make payments of $25 per month, plus $1000 at maturity. The price of this security is $2000. Which of the following is
A security will make payments of $25 per month, plus $1000 at maturity. The price of this security is $2000. Which of the following is true?
If the time to maturity is 4 years then the yield to maturity is 10.05% | |||||||||||||||||
If the time to maturity is 7 years then the effective rate is 3.34% | |||||||||||||||||
If the time to maturity is 7 years then the effective rate is 10.52%% | |||||||||||||||||
If the time to maturity is 4 years then the effective rate is 10.52% | |||||||||||||||||
If the time to maturity is 7 years then the effective rate is 10.05% A security will make payments of $25 per month, plus $1000 at maturity. The price of this security is $2000. Which of the following is true?
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