Question
An investor has $50,000 to invest and wants to determine the yield to maturity of a bond that pays a coupon rate of 8% and
- An investor has $50,000 to invest and wants to determine the yield to maturity of a bond that pays a coupon rate of 8% and has a face value of $100,000 and five years until maturity. What is the yield to maturity?
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
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978-1118300763, 1118300769
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