The yearly payment on a 2-year fixed payment loan is 60
The yearly payment on a 2-year fixed payment loan is $60. What is its yield to maturity if the value of the loan (loan value) is $100?
A) 13 percent approx.
B) 10.5 percent approx.
C) 11.1 percent approx.
D) 12 percent
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the yearly payment on a 2-year fixed payment loan is 60 what is its yield to maturity if the value of the loan loan
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