Answer to Question #140296 in Finance for Jenelle Daniel

Question #140296

What is the semi-annual coupon bond’s nominal yield to maturity (YTM), if the years to maturity is 15 years, and sells for 119% with coupons rate of 10%? Assume the par value of the bond is $1,000.


1
Expert's answer
2020-11-05T06:34:06-0500

r=0.0391283


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