Question
(Yield to maturity)Fitzgerald's 35 -year bonds pay 7 percent interest annually on a $1000 par value. If the bonds sell at $ 915 , what
(Yield to maturity)Fitzgerald's 35 -year bonds pay 7 percent interest annually on a $1000 par value. If the bonds sell at $ 915 , what is the bond's yield to maturity? What would be the yield to maturity if the bonds paid interest semiannually? Explain the difference.
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The Commercial Real Estate Investors Handbook
Authors: Steven D. Fisher
1st Edition
1601380372, 978-1601380371
