Practical Management Science, Loose-leaf Version
Practical Management Science, Loose-leaf Version
5th Edition
ISBN: 9781305631540
Author: WINSTON, Wayne L.; Albright, S. Christian
Publisher: Cengage Learning
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Chapter 2, Problem 32P
Summary Introduction

To use: Goal Seek tool to find the yield of the bond.

Bond yield:

Yield in a bond is what is expected from the bond. The yield of a bond contributes to its return. Salespeople often misuse the term yield to gain an advantage in the bond market.

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