Question
Ford motor bonds have 7 years to maturity. Interest is paid semiannually. The bonds have a $1000 par value and a coupon rate of 8
Ford motor bonds have 7 years to maturity. Interest is paid semiannually. The bonds have a $1000 par value and a coupon rate of 8 percent. If the price of the bond is $1073.55, what is the annual yield to maturity
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
