What is the yield to maturity on a 3-year, $1,000 discount bond with a current price of

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What is the yield to maturity on a 3-year, $1,000 discount bond with a current price of $947?

Yield to maturity =_______percent. (Round your response to one decimal places.)

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Mar 26, 2024 04:47 PM

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What is the yield to maturity on a 3-year, $1,000 discount bond with a current price of

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Heres how to calculate the yield to maturity YTM on the discount bond Formula YTM Face Valu... View the full answer

Personal Finance

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