Question
Could you please provide the yield to maturity for a 21-year bond with a coupon rate of 7.76 percent per annum, a par value of
Could you please provide the yield to maturity for a 21-year bond with a coupon rate of 7.76 percent per annum, a par value of $1,000, and a current price of $946?
Please ensure that the answers are rounded to two decimal places and expressed in percentage format.
It is advisable to utilize either Microsoft Excel or a dedicated financial calculator for this purpose.
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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