Question
Assume the market price of a 13 year bond for Margaret Inc. is $1100, and it has a par value of $1000. The bond has
Assume the market price of a 13 year bond for Margaret Inc. is $1100, and it has a par value of $1000. The bond has an annual of 9 percent that is paid semi-annually. What is the yield to maturity of the bond?
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Climate Finance
Authors: Richard B. Stewart, Benedict Kingsbury, Bryce Rudyk
1st Edition
081474138X, 978-0814741382
