Using one of the bond calculators provided, find the yield to maturity on a bond with...
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Using one of the bond calculators provided, find the yield to maturity on a bond with a current price of $1144, with an annual coupon rate of 12%, a face value of $1,000 and 18 years remaining until maturity. O 9.16% O 10.219% O 10.81% O 11.97% Using one of the bond calculators provided, find the yield to maturity on a bond with a current price of $1144, with an annual coupon rate of 12%, a face value of $1,000 and 18 years remaining until maturity. O 9.16% O 10.219% O 10.81% O 11.97%
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Answer rating: 100% (QA)
To calculate the yield to maturity we need to use the formula YTM PV FV 1 Where PV is the presen... View the full answer
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date:
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