Question: Hey! I need to know how to get the correct answer using only a BA II plus financial calculator! What is the Yield-to-Maturity of a
Hey! I need to know how to get the correct answer using only a BA II plus financial calculator!
What is the Yield-to-Maturity of a 11.4% coupon bond that has a $1000 face value, 13 years until maturity, pays semi-annual interest, and sells for \$995? Select one: a. 11:47% b. 11.78% c. 10.79% d. 10.34% e. 10.44%
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