Question
There is a corporate bond in the market that is selling for $1,136.96 each, stated rate of interest of 8.23% with a maturity of 3
There is a corporate bond in the market that is selling for $1,136.96 each, stated rate of interest of 8.23% with a maturity of 3 years. What is the yield-to-maturity (YTM) of this bond?
How can i find the PMT that goes into the financial calculator?
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
1st Edition
0073382256, 9780073382258
