What is the YTM of the bond given the information below. The bond makes annual interest payments.
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What is the YTM of the bond given the information below. The bond makes annual interest payments. (Do not round intermediate calculations, round answer to two decimals, i.e. 32.16)
Coupon Rate:6.3%
Maturity (years):14
Current Price: $1,068.85
Par value: $1,000.00
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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