Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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A P10 000.00, 5-year, 10% bond is offered with a discount of P250.00. If the bond pays interest quarterly,
find
a) the current yield; (Ans. 10.26%)
b) the yield to maturity. (Ans. 11.07%)
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