Question
Compute the yield to maturity of a bond that sells for 1,034 and matures in 1 year. The coupon rate is 5% paid annually and
Compute the yield to maturity of a bond that sells for 1,034 and matures in 1 year. The coupon rate is 5% paid annually and the bonds maturity value is 1000. Record your answer as a decimal, accurate to 4 places after the decimal.
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Questions And Answers On Finance Of International Trade
Authors: L. Waxman
1st Edition
0860105865, 978-0860105862
