Ellus
What is the yield on a corporate bond with a $1000
face value purchased at a discount...
Mathematics, 21.04.2021 20:10 evaeh
Ellus
What is the yield on a corporate bond with a $1000
face value purchased at a discount price of $925, if
it pays 7% fixed interest for the duration of the
bond?
yield = [?] %
Give your answer as a percent rounded to the nearest
hundredth.
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Answers: 1
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