What is the yield to maturity (YTM) for this bond?
cybacatx (Not rated)
(Not rated)
A corporation has an outstanding bond with the following characteristics:
Coupon interest rate 6%
Interest payments semiannually
Face value $1,000
Years to maturity 8
Current market value $902.81
What is the yield to maturity (YTM) for this bond?
10 years ago
What is the yield to maturity (YTM) for this bond?
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