kalynrichmond2 kalynrichmond2
  • 01-05-2024
  • Mathematics
Answered

What is the yield on a corporate bond with a $1000 face value purchased at a discount price of $850, if it pays 5% fixed interest for the duration of the bond?

What is the yield on a corporate bond with a 1000 face value purchased at a discount price of 850 if it pays 5 fixed interest for the duration of the bond class=


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