A zero-coupon bond has 7.2 years remaining to maturity, and a face value of $1000. What is
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A zero-coupon bond has 7.2 years remaining to maturity, and a face value of $1000. What is the YTM on this bond expressed as an effective semi-annual rate if the bond is selling for $828.5, today.
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
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