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borteleto borteleto
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5 years ago
What is the yield to maturity of a corporate bond with 13 years to maturity, a coupon rate of 8% per year, a $1,000 par value, and a current market price of $1,250? Assume semiannual coupon payments.
A) 4.2%
B) 4.7%
C) 6.0%
D) 5.3%
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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borteleto Author
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#2
5 years ago
I wanna give this person a hug.
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