Question
Consider a corporate bond with a 10.5% coupon rate, paid semi-annually, $1000 par value and a current market price of $766.70. It matures in
Consider a corporate bond with a 10.5% coupon rate, paid semi-annually, $1000 par value and a current market price of $766.70. It matures in exactly 20 years. What is the yield to maturity (YTM) on this bor O A. 4% . 4.5% . 5% O D. 5.5% O E. 6% O F. 6.5% O G. 7% O H. 7.5% O 1. 8% O J. 8.5% . 9% O L. 9.5% . 10% O N. 10.5% O 0. 11% O P. 11.5% O Q. 12% O R. 12.5% O S. 13% O T. 13.5% O U. 14% O v. 14.5%
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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