Finance - $1000 par value bond, paying 11% annual coupon

Finance - $1000 par value bond, paying 11% annual coupon

Question # 00853867 Posted By: wildcraft Updated on: 05/01/2024 12:09 AM Due on: 05/01/2024
Subject Finance Topic Finance Tutorials:
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Finance

 $1000 par value bond, paying 11% annual coupon rate, with 15 years maturity issued 4 years ago. Calculate the yield to maturity of the bond assuming 8% market interest rate.

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  1. wildcraft
    Tutorial # 00849350 Posted By: wildcraft Posted on: 05/01/2024 12:10 AM
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