Question
You just purchased a zero-coupon bond for $810.71. The bond has a face value of $1,000 and matures in 7 years. What is the bond's
You just purchased a zero-coupon bond for $810.71. The bond has a face value of $1,000 and matures in 7 years. What is the bond's yield to maturity?
YTM = %
please don't round steps or answers
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Multinational financial management
Authors: Alan c. Shapiro
10th edition
9781118801161, 1118572386, 1118801164, 978-1118572382
