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(Related to Checkpoint 9.2) (Yield to maturity) The market price is $775 for a 9-year bond ($1,000 par value) that pays
Posted: Wed Mar 30, 2022 3:37 pm
by answerhappygod
- Related To Checkpoint 9 2 Yield To Maturity The Market Price Is 775 For A 9 Year Bond 1 000 Par Value That Pays 1 (10.69 KiB) Viewed 38 times
(Related to Checkpoint 9.2) (Yield to maturity) The market price is $775 for a 9-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bond's yield to maturity? The bond's yield to maturity is % (Round to two decimal places.)