CORPORATE FINANCE ACCESS CARD
CORPORATE FINANCE ACCESS CARD
12th Edition
ISBN: 2810023360184
Author: Ross
Publisher: MCG
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Chapter 8, Problem 25QAP
Summary Introduction

Introduction: The term yield to maturity (YTM) is the overall rate of return that a bond will have earned once all interest payments are made and the principal is repaid. The annual return of an investment in the form of dividends or interest is calculated by dividing it by the investment’s current market value is termed as current yield.

To calculate: Yield to maturity and current yield.

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