Question:The market price of a semi-annual pay bond is $972.11. It has
14.00 years to maturity...
Question
The market price of a semi-annual pay bond is $972.11. It has
14.00 years to maturity...
The market price of a semi-annual pay bond is $972.11. It has
14.00 years to maturity and a coupon rate of 5.00%. Par value is
$1,000. What is the yield to maturity?