Question
Company Cs bond has a 6% coupon rate (semi-annual interest), a maturity value of $1,000, matures in 5 years, and a current price of $975.
Company Cs bond has a 6% coupon rate (semi-annual interest), a maturity value of $1,000, matures in 5 years, and a current price of $975. What is the bonds yield-to-maturity?
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Essentials Of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
9th International Edition
1259254801, 9781259254802
