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Really need help on this last question please and thank you! 81 O The market price of a semi-annual pay bond is $970.93. It has
Really need help on this last question please and thank you!
81 O The market price of a semi-annual pay bond is $970.93. It has 20.00 years to maturity and a coupon rato of 5,00%. Par value is $1,000. What is the effective annual yield? Submit Answer formar: Percentage Round to: 4 decimal places (Example: 9.2434% % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) Step by Step Solution
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