FINANCE 515- A bond currently sells for $887 even though it has a par

FINANCE 515- A bond currently sells for $887 even though it has a par

Question # 00491206 Posted By: katetutor Updated on: 02/26/2017 11:59 PM Due on: 02/27/2017
Subject Finance Topic Finance Tutorials:
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(TCO D) A bond currently sells for $887 even though it has a par of $1,000. It was issued two years ago and had a maturity of 10 years. The coupon rate is 7% and the interest payments are made semiannually. What is its YTM Please show the answer in excell
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    Tutorial # 00487666 Posted By: katetutor Posted on: 02/26/2017 11:59 PM
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    The solution of FINANCE 515- A bond currently sells for $887 even though it has a par...
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