Question
Consider a U.S. corporate bond (taxable) with 30 years left to maturity and paying 8 percent coupon. The bond is currently priced at $930. Find
Consider a U.S. corporate bond (taxable) with 30 years left to maturity and paying 8 percent coupon. The bond is currently priced at $930. Find the bond's yield to maturity. Make sure to express your answers as a percentage. Make sure to round your answers to the nearest 100th decimal points. For example, write 9.43 for 9.43%.
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
