Question
The face value of the bond is $1000 that will be redeemed after a four years @ $1200. The per annum coupon rate is 8%.
The face value of the bond is $1000 that will be redeemed after a four years @ $1200. The per annum coupon rate is 8%. Regulate the yield to maturity (YTM), if the bond present market price is $1050.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
