Answered: Consider a 30-year US corporate bond…

Consider a 30-year US corporate bond paying 4.5% coupon. The bond is currently priced at $958. Find its yield to maturity. Express your answers as a percentage Please give correct answer sir

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter16: Interest, Rent, And Profit

Section: Chapter Questions

Problem 1WNG

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Consider a 30-year US corporate bond paying 4.5% coupon. The bond is currently priced at $958. Find its yield to maturity. Express your answers as a percentage

Please give correct answer sir

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