Question: Test = Homework: Ch... Question 8, Problem 7-1... HW Scoro: 78,89%, 11.83 of 15 points Save Part 1 of 2 O Points: 0 of 1
Test = Homework: Ch... Question 8, Problem 7-1... HW Scoro: 78,89%, 11.83 of 15 points Save Part 1 of 2 O Points: 0 of 1 (Expected rate of return and current yield) Time Warner has bonds that aroselling for 51.218. The coupon interest rate on the bonds is 8.70 percent and they mature in 20 years What is the old to matunity on the bonds? What is the current yield? a. The yield to maturity on the bond is (Round to two decimal places)
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