Determining the ytm


Night Hawk Co. issued 13-year bonds two years ago at a coupon rate of 9.8 percent. The bonds make semiannual payments. If these bonds currently sell for 101 percent of par value, what is the YTM?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Determining the ytm
Reference No:- TGS0674024

Now Priced at $5 (50% Discount)

Recommended (92%)

Rated (4.4/5)