Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 14MC
Related questions
Question
A bond promises to pay $150 in one year.
What is the interests rate on the bond if its price today is $65,$75 and $85?
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