Suppose you are looking to invest in a $1,000 par value semi-annual bond, with an annual coupon rate of 9%, but pays int

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answerhappygod
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Suppose you are looking to invest in a $1,000 par value semi-annual bond, with an annual coupon rate of 9%, but pays int

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Suppose You Are Looking To Invest In A 1 000 Par Value Semi Annual Bond With An Annual Coupon Rate Of 9 But Pays Int 1
Suppose You Are Looking To Invest In A 1 000 Par Value Semi Annual Bond With An Annual Coupon Rate Of 9 But Pays Int 1 (14.76 KiB) Viewed 9 times
Suppose you are looking to invest in a $1,000 par value semi-annual bond, with an annual coupon rate of 9%, but pays interest semi-annually. If the bond has 10 year left to maturity and if the bond is quoted at 108, what is the yield-to-maturity of the bond? (Round your answer to 2 decimal point)
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