Discuss the yield to maturity for the bond


Question:

A corporate bond with a face value of $1000 matures in 4 years and had an 8% coupon paid at the end of each year. The current price of the bond is $932. What is the yield to maturity for this bond?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Discuss the yield to maturity for the bond
Reference No:- TGS02055484

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)