...has annual interest rate of 6%,? but pays interest SEMIANNUALLY, what is the bonds yield to maturity? I got .428% and thats wrong so i need help with setting the problem and getting the result thanks
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03-17-2011, 01:23 AM #1Junior Member
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A 8 year bond has a market price of $700 and a par value of $1000. If the bond...
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