Question
Four years ago, you purchased a bond with maturity of 20 years, 8% coupon rate with semi-annual payments and par value of $1000. Currently, it
Four years ago, you purchased a bond with maturity of 20 years, 8% coupon rate with semi-annual payments and par value of $1000. Currently, it is selling for $978.65. What is the YTM on this bond? Compute via business calculator
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Project Financing Analyzing And Structuring Projects
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811232393, 9789811232398
