Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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You are interested in purchasing a bond from ExAm Solutions. The bond had a 30 year maturity when it was issued, which was 10 years ago. Its face value was $1,000. The bond pays semi-annual interest at an 8% coupon rate. The bond currently trades at a price of $950 what is the YTM b. 0846 O C. 0428 O d. A different value e. 0876
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