What yield to maturity is the bond offering assume interest


A 7.65 percent coupon bond with 16 years left to maturity is offered for sale at $1,030.00. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)

Solution Preview :

Prepared by a verified Expert
Finance Basics: What yield to maturity is the bond offering assume interest
Reference No:- TGS02651943

Now Priced at $10 (50% Discount)

Recommended (91%)

Rated (4.3/5)