Question
Rolling Company bonds have a coupon rate of 7.00 percent, 21 years to maturity, and a current price of $1,236. What is the YTM? The
| Rolling Company bonds have a coupon rate of 7.00 percent, 21 years to maturity, and a current price of $1,236. What is the YTM? The current yield? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
| YTM | % |
| Current yield | % |
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Finance And Sustainability
Authors: William Sun, Celine Louche, Roland Perez
1st Edition
1780520921, 978-1780520926
