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Ivanhoe Corp. has five-year semi-annual bonds outstanding that pay a coupon rate of 8.0 percent, these bonds are priced at $1,068.23. (Round answers to 2
Ivanhoe Corp. has five-year semi-annual bonds outstanding that pay a coupon rate of 8.0 percent, these bonds are priced at $1,068.23. (Round answers to 2 decimal places, e.g. 15.25%.)
What is the yield to maturity on these bonds? __% Assume semiannual coupon payments. What is the effective annual yield? __%
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