Question
Determine the yield i on the bond. (Assume twice-yearly interest payments. Round your answer to two decimal places.) HINT [See Example 9.] 3 year, 4.665%
Determine the yield i on the bond. (Assume twice-yearly interest payments. Round your answer to two decimal places.) HINT [See Example 9.]
3 year, 4.665% bond, selling for $998.45 per $1,000 maturity value
i=________%
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Valuation Workbook
Authors: Tim Koller, Marc Goedhart, David Wessels, Jeffrey P. Lessard, McKinsey & Company
4th Edition
0471702161, 978-0471702160
