Question
Company A issued a bond with a coupon rate of 3.35 percent per year and time to mature 10 years. The bond has a par
Company A issued a bond with a coupon rate of 3.35 percent per year and time to mature 10 years. The bond has a par value of $1,000 and a market price of $973. Coupons are paid semiannually. What is the yield to maturity?
3.50%
- 3.68%
- 1.78%
- 4.17%
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Applied Financial Macroeconomics And Investment Strategy
Authors: Robert T McGee
1st Edition
1137428394, 978-1137428394
