Top Posters
Since Sunday
A
8
6
R
3
3
m
3
2
o
2
a
2
S
2
m
2
A
2
t
2
New Topic  
samualson samualson
wrote...
Posts: 2459
3 years ago
PBJ Corporation issued bonds on January 1, 2006. The bonds had a coupon rate of 5.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2021. What is the yield to maturity for a PBJ Corporation bond on January 1, 2012 if the market price of the bond on that date is $950?
A) 5.50%
B) 6.23%
C) 8.43%
D) 10.50%
Read 49 times
2 Replies
Replies
Answer verified by a subject expert
Marc18Marc18
wrote...
Top Poster
Posts: 1080
3 years ago
Sign in or Sign up in seconds to unlock everything for free
 B
 
1

Related Topics

wrote...
3 years ago
White Heavy Checkmark Will marking this solved...
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  156 People Browsing
 290 Signed Up Today
Related Images
 3804
 149
 143
Your Opinion
What's your favorite funny biology word?
Votes: 59