Solved: What is the bonds yield to maturity-zota inc, Finance Basics

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What is the bonds yield to maturity-zota inc

Question:

Zota Inc. has a bond issue outstanding with 8 years remaining to maturity, a coupon rate of 10% with interest paid annually, and a par value of $1000.

If the current market price of the bond is $814.45, what is the bond's yield to maturity?

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Finance Basics: What is the bonds yield to maturity-zota inc

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Finance Basics: What is the bonds yield to maturity-zota inc

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