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Fitzgerald's 25-year bonds pay 8 percent interest annually on a $1,000 par value. If the bonds sell at $935, what is the bond's yield to
Fitzgerald's 25-year bonds pay 8 percent interest annually on a $1,000 par value. If the bonds sell at $935, what is the bond's yield to maturity? What would be the yield to maturity if the bonds paid interest semiannually?
1.The bond's yield to maturity if the bond pays interest annually is?
2. The bond's yield to maturity if the bond paid interest semiannually would be?
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