Question
What is the YTM of a bond with a par value of $1,000, selling currently for $800 if the bond pays $74.20 in annual coupon
What is the YTM of a bond with a par value of $1,000, selling currently for $800 if the bond pays $74.20 in annual coupon and has 15 years left to maturity?
Question 3 options:
|
| 10.06% |
|
| Between 8-9% |
|
| 11.23% |
|
| 13.76% |
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
