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lpn27 lpn27
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6 months ago
An investor purchased a 7% bond at 90 (no commission). The bond matures in 10 years. Calculate the rate of yield to maturity. (Round answer to two decimal places.)
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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Gimor1220Gimor1220
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8.42%

1

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lpn27 Author
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6 months ago
Correct Slight Smile TY
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Thanks
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2 hours ago
Good timing, thanks!
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