16. You are considering the purchase of an AT&P bond with a 12% coupon rate. Interest is paid and compounded semi- annua
Posted: Sun Jul 03, 2022 6:43 am
16. You are considering the purchase of an AT&P bond with a 12% coupon rate. Interest is paid and compounded semi- annually. The standard bond will mature in 8 years. The bond currently sells for $1367. Calculate the ANNUAL yield to maturity for this bond. PV FV PMT RATE NPER