Find the yield to maturity on a simple loan


What is the yield to maturity on a simple loan for $1 million that requires a repayment of $2 million in five years time?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Find the yield to maturity on a simple loan
Reference No:- TGS0557992

Now Priced at $5 (50% Discount)

Recommended (90%)

Rated (4.3/5)