Question
Your firm has just issued a 15-year $1,000.00 par value, 10% annual coupon bond for a net price of $964.00. What is the yield to
Your firm has just issued a 15-year $1,000.00 par value, 10% annual coupon bond for a net price of $964.00. What is the yield to maturity? Use a financial calculator to determine your answer.
| 10.16% | ||
| 10.44% | ||
| 10.49% | ||
| 10.60% |
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
