Question
What is the yield to maturity of a 9.2% semiannual coupon bond with a face value of$1,000 selling for $871.50 that matures in 9 years?
What is the yield to maturity of a 9.2% semiannual coupon bond with a face value of$1,000 selling for $871.50 that matures in 9 years?
The annual yield to maturity of the bondis:
A.
12.801 %
B.
13.838 %
C.
11.532 %
D.
10.263 %
E.
11.878 %
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Small Business Management Launching and Growing New Ventures
Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy
6th Canadian edition
176532218, 978-0176532215
