assume market price 5 year bond margaret inc 900 and it has par value 1000 bond has annual i

Assume the market price of a 5-year bond for Margaret Inc. is $900, and it has a par value of $1,000. The bond has an annual interest rate of 6 percent that is paid semi-annually. What is the yield to maturity of the bond?
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *