An investor has $50,000 to invest and wants to determine the yield to maturity of a bond
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- An investor has $50,000 to invest and wants to determine the yield to maturity of a bond that pays a coupon rate of 8% and has a face value of $100,000 and five years until maturity. What is the yield to maturity?
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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