Question
Disney has a 7 year, 6.95% coupon bond that is currently selling for $978.65. Assume that coupon payments are annual, what is the yield to
Disney has a 7 year, 6.95% coupon bond that is currently selling for $978.65. Assume that coupon payments are annual, what is the yield to maturity of this bond? (use excel) 7.35% use IRR on excel.
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
