Question
Bob the Builder Inc. has a bond with a $1,000 face value that is currently priced at $1,011.23. This bond has a 4.26% coupon paid
Bob the Builder Inc. has a bond with a $1,000 face value that is currently priced at $1,011.23. This bond has a 4.26% coupon paid semi-annually and matures in 8 years. What is its yield to maturity in percent?
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2.04
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2.42
-
3.04
-
3.30
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4.09
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Contemporary Issues In Development Finance
Authors: Joshua Yindenaba Abor, Robert Lensink, Charles Komla Delali Adjasi
1st Edition
1138324329, 978-1138324329
