Question
FV = $100 Price = $104.33 Coupon Rate = 6% Term = 5 years Given the information above calculate the yield to maturity (YTM). Calculate
FV = $100
Price = $104.33
Coupon Rate = 6%
Term = 5 years
Given the information above calculate the yield to maturity (YTM). Calculate as a percentage correct to two decimal places. Do not enter the percentage (%) sign.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
