Question
Footsteps Co. has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently sells for $935.93, matures in 15
Footsteps Co. has a bond outstanding with a coupon rate of 5.9 percent and annual payments. The bond currently sells for $935.93, matures in 15 years, and has a par value of $1,000. What is the YTM of the bond?
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Project Finance In Theory And Practice
Authors: Stefano Gatti
3rd Edition
0128114010, 978-0128114018
