Question
Parley Transports has outstanding Rs 1000 face value bonds that have a 6.5 percent coupon rate , and mature in 18 years . They are
Parley Transports has outstanding Rs 1000 face value bonds that have a 6.5 percent coupon rate , and mature in 18 years . They are currently selling for Rs 935.15 . What is their yield to maturity ?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
