Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business
New Topic  
samualson samualson
wrote...
Go to Answer
Posts: 2459
Rep: 13 0
5 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 106 times
2 Replies
Replies
Answer verified by a subject expert
Marc18Marc18
wrote...
#1
Top Poster
Posts: 1080
Rep: 114 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

samualson Author
wrote...
#2
5 years ago
White Heavy Checkmark Will marking this solved...
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1196 People Browsing
 107 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 350
  
 165
  
 12
Your Opinion
Where do you get your textbooks?
Votes: 328
Previous poll results: Which 'study break' activity do you find most distracting?