Question
?(Yield to maturity?) Assume the market price of a 7?-year bond for Margaret Inc. is ?$900?, and it has a par value of $ 1,000.
?(Yield to maturity?) Assume the market price of a 7?-year bond for Margaret Inc. is ?$900?, and it has a par value of $ 1,000. The bond has an annual interest rate of 7?% that is paid semiannually. What is the yield to maturity of the? bond?
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Public Spending In The 20th Century A Global Perspective
Authors: Vito Tanzi , Ludger Schuknecht
1st Edition
0521662915,0511839596
