Question
Jackies Jewels has an eight year bond with a 4.82 percent coupon paid semi-annually. This bond is currently priced at $998.67 and has a $1,000
Jackies Jewels has an eight year bond with a 4.82 percent coupon paid semi-annually. This bond is currently priced at $998.67 and has a $1,000 face value. What is the yield to maturity?
9.50 %
4.84 %
3.32 %
2.42 %
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International financial management
Authors: Jeff Madura
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978-0324593495, 324568207, 324568193, 032459349X, 9780324568202, 9780324568196, 978-0324593471
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