The p1,000 face value of Ayala Company bond has a coupon of 10% (paid semi-annually), matures in

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The p1,000 face value of Ayala Company bond has a coupon of 10% (paid semi-annually), matures in 4 years, and has a current price of p1,140. What is the bond's yield to maturity.

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Apr 08, 2024 03:30 AM

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The p1,000 face value of Ayala Company bond has a coupon of 10% (paid semi-annually), matures in

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To calculate the bonds yield to maturity YTM we need to use the bonds current price face value coupo... View the full answer

Corporate Finance

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