Toshiba Corporation's noncallable bond carries a 11.50% coupon, pays interest semiannually, and has 18 years to maturity
Posted: Wed Jul 06, 2022 6:28 pm
Toshiba Corporation's noncallable bond carries a 11.50% coupon, pays interest semiannually, and has 18 years to maturity. What is the bond's yield to maturity to if the market price is $877.52?