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What is the yield to maturity of a 10,000 6.5% bond that matures in 15 years if it is currently priced at $9,650? a. 7.05%
What is the yield to maturity of a 10,000 6.5% bond that matures in 15 years if it is currently priced at $9,650?
| a. | 7.05% | |
| b. | 6.50% | |
| c. | 7.37% | |
| d. | 6.88% |
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Principles Of Public Finance
Authors: Toshihiro Ihori
1st Edition
9811023883, 978-9811023880
