Harrimon Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par valu
Posted: Fri Mar 04, 2022 9:40 am
Harrimon Industries bonds have 5 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 8%. a. What is the yield to maturity at a current market price of 1. $785? Round your answer to two decimal places 96 2. $1,0997 Round your answer to two decimal places. 9%