7. (Yield to maturity) Pincushion Corp. issues bonds with a 10% semi-annual coupon rate and a 10- year term. What is the
Posted: Sun Jul 03, 2022 12:57 pm
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? 8. (Bondholder's expected rate of return) Joel Silverton's Inc. is selling bonds for $700. It has an 8% coupon rate and makes payments semi-annually. The bond matures in 25 years. What is the bond's expected rate of return?