Question
XYZ Corp. issued 12 years ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If these bonds currently sell for 112
XYZ Corp. issued 12 years ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If these bonds currently sell for 112 percent of par value, what is the YTM? Please enter your answer as a PERCENT rounded to 2 decimal places.)
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
