Question
Assume a zero-coupon bond that sells for $413 will mature in 15 years at $1,500. Use Appendix B for an approximate answer but calculate your
Assume a zero-coupon bond that sells for $413 will mature in 15 years at $1,500. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.
What is the effective yield to maturity?
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Global Trends Of Modernization In Budgeting And Finance
Authors: Denis Ushakov
1st Edition
1522577602,1522577610
