Question: Need this question in 15 min please Five years ago, Blue Ltd. sold of $1000 par value that had an original maturity of 13 years
Need this question in 15 min please
Five years ago, Blue Ltd. sold of $1000 par value that had an original maturity of 13 years and a coupon rate of 12%. Today these bonds are selling for $1,120. Determine the yield-to-maturity. 8. 44% 8.55% 9.77% 7.92% 10.29%
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