MetalBend Corp Issues bonds with a $1,000 par value and a 7.25% coupon rate. The bonds mature in 8 years, and coupon payments are semi
MetalBend Corp Issues bonds with a $1,000 par value and a 7.25% coupon rate. The bonds mature in 8 years, and
coupon payments are "semi -annual". The bond is currently priced at 865.50. Calculate the bonds YTM (IRR)?
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Authors: Jan De Spiegeleer, Wim Schoutens, Cynthia Van Hulle
1st Edition
1118449991, 978-1118449998
