you want to buy a corporate bond that has a face value of 1000 and sold for 950 the bond pays coupon of 0.14 At that time, the bond hada floatation cost of 0.03 and will mature after 30 years. what is the yield to maturity
you want to buy a corporate bond that has a face value of 1000 and sold for 950 the bond pays coupon of 0.14 At that time, the bond hada floatation cost of 0.03 and will mature after 30 years. what is the yield to maturity
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![you want to buy a corporate bond that has a face value
of 1000 and sold for 950 the bond pays coupon of 0.14 .
At that time, the bond had a floatation cost of 0.03 and
will mature after 30 years.
what is the yield to maturity
do not put an answer
do not put an answer
what is the yield to maturity](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4b4bcfa6-2a50-4ca2-81a5-285ad6fdc06c%2Fdc03df9f-be41-452a-9be5-164df5e9c09f%2Fppxexer_processed.jpeg&w=3840&q=75)
Transcribed Image Text:you want to buy a corporate bond that has a face value
of 1000 and sold for 950 the bond pays coupon of 0.14 .
At that time, the bond had a floatation cost of 0.03 and
will mature after 30 years.
what is the yield to maturity
do not put an answer
do not put an answer
what is the yield to maturity
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