Question
You are considering the purchase of a Pure Discount Bond with a Face Value of $10,000, which matures in forty-three days. In the markets this
You are considering the purchase of a Pure Discount Bond with a Face Value of $10,000, which matures in forty-three days. In the markets this bond is selling for $9,966.95. If you purchase the bond at this price what is the annualized Yield-to-Maturity (YTM) on the investment? (The answer is a percent, round your answer to two decimal place, e.g. 4.75)
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Financing High Tech Startups Using Productive Signaling To Efficiently Overcome The Liability Of Complexity
Authors: Robin P. G. Tech
1st Edition
331966154X,3319661558
