Inc just issued a 10 year 9% coupon bond. The face value of the bond is $1,000 and the firm makes semiannual coupon paym
Posted: Fri Jul 01, 2022 7:48 am
Inc just issued a 10 year 9% coupon bond. The face value of thebond is $1,000 and the firm makes semiannual coupon payments. Ifthe bond is trading at $1,267.25, what is the bond’s yield tomaturity? Multiple Choice 2.75% 5.49% 12.00% 8.06%