Question
Mary Louise wants to invest her recent bonus in a six-year bond that pays a coupon of 12% semi-annually. The bonds are selling at $876.12
Mary Louise wants to invest her recent bonus in a six-year bond that pays a coupon of 12% semi-annually. The bonds are selling at $876.12 today. If she buys this bond and holds it to maturity, what would be her annual (not effective annual) yield to maturity? How do you enter this on a TI-84 calculator?
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Sustainable Value Creation An Inevitable Challenge To Business And Society
Authors: Teun Wolters
1st Edition
3031353501, 978-3031353505
