What is the approximate yiled to maturity


A company bonds are currenlty selling for $1,157.75 per $1000 par-value bond. The bonds have a 10% coupon rate and will mature in 10 years. What is the approx. yiled to maturity?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the approximate yiled to maturity
Reference No:- TGS0675092

Now Priced at $5 (50% Discount)

Recommended (90%)

Rated (4.3/5)