Question
The Salem Company bond currently sells for $1315.47,has a coupon interest rate of 18 % and a $ 1000 par value, pays interestannually,and has 11
The Salem Company bond currently sells for $1315.47,has a coupon interest rate of 18 % and a $ 1000 par value, pays interestannually,and has 11 years to maturity.
a. The yield to maturity on this bond is ____%.
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Behavioral Finance And Asset Prices
Authors: David Bourghelle, Pascal Grandin, Fredj Jawadi, Philippe Rozin
1st Edition
3031244850, 978-3031244858
