jupaladin338 jupaladin338

19-05-2024
Business

Answered

Consider a bond with a coupon rate of 7.25%. The bonds have a par value of $1,000, a current price of $1,125, and they will mature in 13 years. What is the yield to maturity on these bonds? Group of answer choices 1. 6.45% 2. 5.85% 3. 6.77% 4. 6.14%

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