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What is your yield-to-maturity if you buy a bond for $925? It pays a 5 % coupon and mautres in 8 years. Redo assuming the
What is your yield-to-maturity if you buy a bond for $925? It pays a 5 % coupon and mautres in 8 years.
Redo assuming the bond is selling for $1085.
COUPON RATE 5.00% NPER YEARS TO MATURITY PMT = $50.00 (face value x coupon rate) FACE VALUE $1,000.00 PRICE: PV $925.00 Yield to maturity = RATE = 6.22% rate(nper,pmt,-pv,fv) rate(8,50,-925,1000)Step by Step Solution
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Old Money New Woman How To Manage Your Money And Your Life
Authors: Byron Tully
1st Edition
1950118010, 978-1950118014
