Question
ZCorp has a bond outstanding with the following charactersitics: Coupon rate of 7.02 % (annual payments) and time to maturity is 20 year. if the
ZCorp has a bond outstanding with the following charactersitics: Coupon rate of 7.02 % (annual payments) and time to maturity is 20 year. if the bond currently sells for $1917.12, what is the YTM of the bond (par value=$2000)?
| 6.68% | ||
| 3.71% | ||
| 7.42% | ||
| 7.05% | ||
| 5.57% |
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Mathematical Control Theory And Finance
Authors: Andrey Sarychev, Albert Shiryaev, Manuel Guerra, Maria Do Rosário Grossinho
2008th Edition
3540695311, 978-3540695318
