Question
Outstanding Bond details: Par Value $1,000 Current Price $865.00 Coupon Rate 8.0000%, semi-annual Maturing in 11 years What is the bond's yield to maturity (YTM)?
Outstanding Bond details:
Par Value $1,000
Current Price $865.00
Coupon Rate 8.0000%, semi-annual
Maturing in 11 years
What is the bond's yield to maturity (YTM)?
Group of answer choices
10.0565%
8.0000%
7.1515%
10.0868%
11.1300%
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
7th Edition
0324171730, 978-0324171730
