Question
What is the yield to maturity of a bond paying interest annually with a $1000 par value, a 8% annual coupon rate, 25 years to
What is the yield to maturity of a bond paying interest annually with a $1000 par value, a 8% annual coupon rate, 25 years to maturity, currently selling for $769?
| A. | 10.68% | |
| B. | 9.45% | |
| C. | 8.39% | |
| D. | 11.98% |
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
