Question
What is the yield to maturity on an 9-year, 9-percent bond that pays interest semi-annually, which is now priced at $979? Use a financial calculator.
What is the yield to maturity on an 9-year, 9-percent bond that pays interest semi-annually, which is now priced at $979? Use a financial calculator.
9.35percent
9percent
4.68percent
9.04percent
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
