Question
Footsteps Co. has a bond outstanding with a coupon rate of 5.2 percent and annual payments. The bond currently sells for $1,012.50, matures in 16
Footsteps Co. has a bond outstanding with a coupon rate of 5.2 percent and annual payments. The bond currently sells for $1,012.50, matures in 16 years, and has a par value of $1,000. What is the YTM of the bond?
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Handbook Of Research Methods And Applications In Empirical Finance
Authors: Adrian R. Bell, Chris Brooks, Marcel Prokopczuk
1st Edition
1782540172, 978-1782540175
