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Hello Chegg experts. I have a doubt with this question, What percentage do I have to use? (Green or yellow, I think I did it
Hello Chegg experts.
I have a doubt with this question, What percentage do I have to use? (Green or yellow, I think I did it right)
I've done some research and I'm confused because a lot of people don't multiply the RATE * 2. But my logic and other people do.
Thanks.
Yield to call (YTC) A 25 year, 10% semiannual coupon bond sells for $1,050.25 If the bond is called after 7 years for $1,064, what is its approximate yield to call (YTC)? NPER PMT -PV FY RATE= YTC= 7 50 1050.25 1064 4.828% 9.657% 14Step by Step Solution
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