Question
Problem 7-28 Yield to Maturity (LG7-6) A 6.20 percent coupon bond with 15 years left to maturity is offered for sale at $966.92. What yield
Problem 7-28 Yield to Maturity (LG7-6) A 6.20 percent coupon bond with 15 years left to maturity is offered for sale at $966.92. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
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Principles Of Finance
Authors: Scott Besley, Eugene F. Brigham
3rd Edition
0324232624, 9780324232622
