What is the bond-s yield if provides coupon of semiannually


A 3-year bond provides a coupon of 8% semiannually and has a cash price of 104. What is the bond's yield?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What is the bond-s yield if provides coupon of semiannually
Reference No:- TGS0697824

Now Priced at $5 (50% Discount)

Recommended (92%)

Rated (4.4/5)