Question
What is the yield to maturity on a bond that you purchased for $1,249, assuming that the bond has 16 years to maturity, a par
What is the yield to maturity on a bond that you purchased for $1,249, assuming that the bond has 16 years to maturity, a par value of $1,000, and a coupon rate of 6.35%? The bond pays coupon interest semiannually.
What is the effective annual yield on this bond?
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Financial Liberalization And Economic Performance Brazil At The Crossroads
Authors: Luiz Fernando De Paula
1st Edition
0415460093, 978-0415460095
