Question
The BondsCanBeFun Company has 12 year, $1,000 par value, 6% coupon (paid annually) bonds currently selling at $849.28. SHOW ALL WORK USING THE TI BAII
The BondsCanBeFun Company has 12 year, $1,000 par value, 6% coupon (paid annually) bonds currently selling at $849.28. SHOW ALL WORK USING THE TI BAII Plus Calculator. What is the yield to maturity (YTM) of this bond?
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
