What is the yield to maturity on a bond that has a price of $2,000 and pays $100 of interest annually, forever Solution The yield to maturity is 5 Thus where C yearly payment $100 P price of perpetuity (consol) $2,000 ic Po $100 $2,000 ic 0 05 5 Ic You try it What is the yield to maturity on a bon...

Calculate the yield to maturity YTM for a perpetuity you can ...

What is the yield to maturity on a bond that has a price of $2,000 and...

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ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 04, 2023 04:55 AM

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