AlBazar Industries has issued a bond which has a 15 percent annual coupon interest rate. The bond will mature in ten yea
Posted: Sun May 29, 2022 6:35 pm
AlBazar Industries has issued a bond which has a 15 percent annual coupon interest rate. The bond will mature in ten years and currently sells for $1,250. Using this information, the yield to maturity on the Bazar Industries bond is ________.
12.19 percent
11.39 percent
10.79 percent
13.29 percent
12.19 percent
11.39 percent
10.79 percent
13.29 percent