Suppose we paid $ 8 9 8 . 9 0 for a $ 1 , 0 0

Fantastic news! We've Found the answer you've been seeking!

Question:

Suppose we paid $

898.90

for a $

1, 000

par

10 %

coupon bond with

8

years to maturity and semi

-

annual coupon payments.

/ / / / /

the answer is

12

percent. Could you please how to solve this question with ytm formula to get

12

percent?

Posted Date: May 18, 2024 10:09 PM

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Suppose we paid $ 8 9 8 . 9 0 for a $ 1 , 0 0

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