Question: 6. (Bond Types) Why is a zero bond called such? Why is a convertible bond called such? 7. (Yield to maturity) Pincushion Corp. issues bonds
6. (Bond Types) Why is a "zero" bond called such? Why is a "convertible" bond called such? 7. (Yield to maturity) Pincushion Corp. issues bonds with a 10% semi-annual coupon rate and a 10- year term. What is their yield to maturity on the bonds if they are sold at $800
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