Find the yield to maturity if bond matures after ten years
You purchase a bond for $875. It pays $80 a year (that is, the semiannual coupon is 4%), and the bond matures after 10 years. What is the yield to maturity?
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New generation public utilities issued a bond with a $1,000 par value the pays $80 in annual interest. It matures in 20 years. your required rate of return is 7 percent. calculate the value of the bound?
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