A bond with semi-annual coupon payments is currently trading with a yield-to-maturity of 11.7%. What is the effective an

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answerhappygod
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A bond with semi-annual coupon payments is currently trading with a yield-to-maturity of 11.7%. What is the effective an

Post by answerhappygod »

A bond with semi-annual coupon payments is currently trading
with a yield-to-maturity of 11.7%. What is the effective annual
yield of this bond investment? (Note: Round your answer to 4
decimal places. For example, if your answer is 8.76%, you should
write 0.0876 in the answer box. DO NOT write 8.76 in the box as you
will be marked wrong).
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