Question
(Yield to maturity) A(n) 13-year bond for Rusk Corporation has a market price of $ 825 and a par value of $ 1,000. If the
(Yield to maturity) A(n) 13-year bond for Rusk Corporation has a market price of $ 825 and a par value of $ 1,000. If the bond has an annual interest rate of 11 percent, but pays interest semiannually, what is the bond's yield to maturity?
The bonds yield to maturity is % round to the two decimal places
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Financial Fitness Forever 5 Steps To More Money Less Risk And More Peace Of Mind
Authors: Paul Merriman, Richard Buck
1st Edition
0071786988,0071786996
