Question
Springfield Nuclear Energy Inc. bonds are currently trading at $811.67. The bonds have a face value of $1 comma 000, a coupon rate of 8%
Springfield Nuclear Energy Inc. bonds are currently trading at $811.67. The bonds have a face value of $1 comma 000, a coupon rate of 8% with coupons paid annually, and they mature in 20 years. What is the yield to maturity of the bonds?
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
