Question
The estimated current purchasing price of a discount bond with a face value of $1500 and a yield to maturity of 9% is $_______ (Round
The estimated current purchasing price of a discount bond with a face value of
$1500 and a yield to maturity of 9% is $_______(Round your response to the nearest two decimal place)
What is the approximate yield to maturity on a discount bond that matures one year from today with a maturity value of $10,400, and the price today is $9233.67?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
