Question
What are the individual YTMs of the following bonds? Also, what is the weighted average YTM of the bond table? Bond Prices as of December
What are the individual YTMs of the following bonds? Also, what is the weighted average YTM of the bond table?
Bond Prices as of December 20, 2016
| Issue | Price |
| April 2019 4.75% | 100.50 |
| March 2020 7.75% | 105.25 |
| May 2021 6.13% | 105.28 |
| Dec 2021 8.75% | 106.13 |
| March 2022 5.75% | 94 |
| Oct 2022 6% | 94 |
| Jan 2023 6.13% | 95.34 |
| March 2025 7.50% | 98.80 |
| May 2034 7.45% | 87.75 |
| Dec 2026 7.35% | 90 |
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The Management Of Business Finance
Authors: John Freear
1st Edition
0273014315, 978-0273014317
