Footsteps Co. has a 5.2 percent coupon rate and annual payable bond. The bond is currently selling
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Footsteps Co. has a 5.2 percent coupon rate and annual payable bond. The bond is currently selling at $1,012.50, with a maturity of 16 years and a face value of $1,000. What is the YTM of the bond?
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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