Question
What is the yield to maturity of a bond with the following characteristics? $1250 price today; 8% coupon, paid semi-annually; 6 years to maturity; $1,000
What is the yield to maturity of a bond with the following characteristics?
- $1250 price today;
- 8% coupon, paid semi-annually;
- 6 years to maturity;
- $1,000 face value.
Assume semi-annual interest compounding. Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
