Mathematics, 28.05.2021 21:40 georgesarkes12

PICTURE INCLUDED PLZ HELP what is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850 if it pays 8% fixed interest for the duration of the bond?

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what is the yield on a corporate bond with a $1000 face value purch

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**PICTURE INCLUDED PLZ HELP** what is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850 if it pays 8% fixed interest for the duration of the bond?

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PICTURE INCLUDED PLZ HELP what is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850 if it pays 8% fixed interest for the duration of the bond?