Question
issued 12 year bonds 2 years ago at a coupon rate of 8.6 percent. the bonds make semi-annual payments. if these bonds sell for 97percent
issued 12 year bonds 2 years ago at a coupon rate of 8.6 percent. the bonds make semi-annual payments. if these bonds sell for 97percent of par value, what is the YMT?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
