Question
Red roof inn completed a 20-year bond offering 5 years ago with a 6%, semi-anual coupon and a face value of $1000. The selling price
Red roof inn completed a 20-year bond offering 5 years ago with a 6%, semi-anual coupon and a face value of $1000. The selling price is currently at $1224.56. What is the yield to maturity?
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Labour Finance And Inequality
Authors: Suzanne J. Konzelmann, Simon Deakin, Marc Fovargue-Davies, Frank Wilkinson
1st Edition
1138919721, 978-1138919723
