Answer Happy

Posted: **Sun Jul 03, 2022 12:57 pm**

: 6 Bond Types Why Is A Zero Bond Called Such Why Is A Convertible Bond Called Such 7 Yield To Maturity Pincus 1 (13.42 KiB) Viewed 11 times

6. (Bond Types) Why is a "zero" bond called such? Why is a "convertible" bond called such? 7. (Yield to maturity) Pincushion Corp. issues bonds with a 10% semi-annual coupon rate and a 10- year term. What is their yield to maturity on the bonds if they are sold at $800?