The market price is $800 a 17-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semi-annual basis (4.5 percent semi-annually) what is the bond's yield...


The market price is $800 a 17-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semi-annual basis (4.5 percent semi-annually) what is the bond's yield to maturity?


The bond's yield to maturity is ____ % (Round to two decimal places.)



Jun 09, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here