Last year, the XYZ Corporation had issued 12.0% coupon (semi-annual), 30 year, AA-rated bonds with a face value of $1,00
Posted: Sun Jul 03, 2022 6:42 am
Last year, the XYZ Corporation had issued 12.0% coupon (semi-annual), 30 year, AA-rated bonds with a face value of $1,000 to finance its business expansion. As of today, the marked price of XYZ's bonds are $1,100. What is the current yield to maturity and how can the bonds be classified? O9.4%, so those are discount bonds O 12.5%, so these are discount bonds O 10.9%, so these are discount bonds O 9.4%, so these are premium bonds 10.9% so these are premium bonds