Calculate bonds yield to maturity
Question: A corporate bond matures in 14 years. The bond has an 8% semiannual coupon and a par value of $1,500. The price of the bond today is $1,275. Calculate the bond’s yield to maturity?
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A corporate bond matures in 14 years. The bond has an 8% semiannual coupon and a par value of $1,500. The price of the bond today is $1,275.
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