If the yield to maturity is 74 percent what is the price of


A bond has a coupon rate of 8.2 percent and 9 years until maturity. If the yield to maturity is 7.4 percent, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If the yield to maturity is 74 percent what is the price of
Reference No:- TGS02326442

Expected delivery within 24 Hours