A 1. A 20-year Fitzgerlad bond pays 9 percent interest annually on a $1,000 par value. If the bond sells at $945, what i
Posted: Fri Jul 01, 2022 7:36 am
A 1. A 20-year Fitzgerlad bond pays 9 percent interest annually on a $1,000 par value. If the bond sells at $945, what is the bond yield to maturity? What would be the yield to maturity if the bond paid interest semiannually?