A $1,000 par value 8-year bond with a 7 percent coupon rate recently sold for $1,100. The yield to maturity is: Answer a) greater than 7 percent. b) 7 percent. c) less than 7 percent. d) cannot be determined.
https://www.yourtechnicaltutors.com/wp-content/uploads/2020/07/log-300x75.png 0 0 yttadmin https://www.yourtechnicaltutors.com/wp-content/uploads/2020/07/log-300x75.png yttadmin2020-09-22 19:59:412020-07-08 05:41:58yield to maturity