Question
Springfield Nuclear Energy Inc. bonds are currently trading at $1,908.71. The bonds have a face value of $1,000, a coupon rate of 9.5% with coupons
Springfield Nuclear Energy Inc. bonds are currently trading at $1,908.71. The bonds have a face value of $1,000, a coupon rate of 9.5% with coupons paid annually, and they mature in 2 years. What is the yield to maturity of the bonds?
How do you determine the yield to maturity of the bond?
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
