The price of a 20-year bond that has a coupon rate of 8% is $1100. The bond pays semiannual coupon. What is the annualiz
Posted: Wed Mar 16, 2022 9:12 am
The price of a 20-year bond that has a coupon rate of 8% is $1100. The bond pays semiannual coupon. What is the annualized yield to maturity of this bond?