Question
TSMCC, Inc., has a bond with a coupon rate of 5.8% with annual payments. The bond will mature in 22 years, and has a par
TSMCC, Inc., has a bond with a coupon rate of 5.8% with annual payments. The bond will mature in 22 years, and has a par value of $1,000. The current market price for the bond is $988.32, What is the YTM of this bond?
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
