Question
The price of a zero-coupon bond with 12 years to maturity is 506.4816. What is its yield-to-maturity? Assume semi-annual compounding. (Enter as a decimal. For
The price of a zero-coupon bond with 12 years to maturity is 506.4816. What is its yield-to-maturity? Assume semi-annual compounding. (Enter as a decimal. For example, if your answer was 12.34%, you would enter 0.1234)
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
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