Greenbrier Industrial Products' bonds have a 7.60 percent coupon and pay interest annually. The face value is $1,000 and the current market price is $1,062.50 per bond. The bonds mature in 16 years. What is the yield to maturity

6.9%

Explanation:

To find the answer, you have to use the formula to calculate the yield to maturity:

Yield to maturity= (C+(F-P/n))/(F+P/2), where:

C= Coupon payment= $1,000*7.60%= $76

F= Face value= $1,000

P= Price= $1,062.50

n= Years to maturity= 16

Yield to maturity=(76+(1,000-1,062.50/16))/(1,000+1,062.50/2)

Yield to maturity=72,09/1,031.25

Yield to maturity=0.069 → 6.9%

Accoriding to this, the yield to maturity is 6.9%.

explanation: i am going to tell you a lie dont know i just wanted to answer lol

muslims control the north africa during the period of 1500 up

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entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.