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What is the approximate yield to maturity for a 11-year bond that pays 7 interest on a $1000 face value annually if the bond sells
| What is the approximate yield to maturity for a 11-year bond that pays 7 interest on a $1000 face value annually if the bond sells for $860?(Do not round intermediate calculations.) |
a. 9.03b. 8.53c. 10.03d. 10.53
which one is it??
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
