Calculate the yield-to maturity if an investor purchased


Ford Motor Credit Company just launched a new issue on November 20, 2014: $250 million of zero coupon bonds (par value $1,000), which mature on November 20, 2024. Calculate the yield-to maturity if an investor purchased one of these bonds on the issuing date at a price of $645.

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Calculate the yield-to maturity if an investor purchased
Reference No:- TGS01070935

Expected delivery within 24 Hours