Question
What is the yield-to-maturity of a Patriot Theaters bond with a coupon rate of 12.11%, par value of $1000, 23 years until maturity, and a
What is the yield-to-maturity of a Patriot Theaters bond with a coupon rate of 12.11%, par value of $1000, 23 years until maturity, and a price of $1234.78 if coupons are paid semi-annually with the next one due in 6 months?(Round the value to 100th decimal and Please enter the value only without converting it to a decimal format. If the answer is 8.55%, enter 8.55)
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Personal Finance For Canadians
Authors: Elliot Currie, Thomas Chambers, Kathleen Brown
9th Edition
0132286750, 978-0132286756
