Question
Suppose a firm has the following bond information: Years to maturity: 20 Coupon Rate: 5%, semi-annual payments Par Value: $1,000 Price: 118% of par value
Suppose a firm has the following bond information: Years to maturity: 20 Coupon Rate: 5%, semi-annual payments Par Value: $1,000 Price: 118% of par value Calculate the yield-to-maturity (YTM) on the bond. (Enter percentages as decimals and round to 4 decimals).
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Online Marketing For Hotels The Definitive Guide To Direct Distribution How To Get The Most Out Of Your Advertising Money And Boost Website Revenue
Authors: Jan Sammeck
1st Edition
1798527871, 978-1798527870
