Question
Use the information below. Assume semi-annual coupon payment and par value of $1,000. Assume today is 4.1.2018 Note maturity date. ISSUER COUPON MATURITY S&P LAST
Use the information below. Assume semi-annual coupon payment and par value of $1,000. Assume today is 4.1.2018 Note maturity date.
ISSUER COUPON MATURITY S&P LAST PRICE
Advanced Auto Parts 6.50 4.1.2025 BBB- 1,105.00
What is the Yield to Maturity for Advanced Auto Parts bonds?
Enter as XX.X
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. Mcguigan, William J. Kretlow
9th Edition
032416470X, 9780324164701
