What is the yield to maturity


Problem:

Your firm has just issued a 20-year $1,000 par value, 10% semi- coupon bond for a net price of $914.00.

Requirement:

Question: What is the yield to maturity?

  • 10.44%
  • 1.50%
  • 12.49%
  • 11.08%

Note: Provide support for your underlying principle.

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Accounting Basics: What is the yield to maturity
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