Mathematics, 02.12.2020 22:20 Jasminehenry123
A 6.50% coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to maturity [interest rate] is the bond offering? Assume interest payments are paid semi-annually, and solve using semi-annual compounding. Par value is $1000.
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A 6.50% coupon bond with 18 years left to maturity is offered for sale at $1,035.25. What yield to m...
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