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Last year Banner Industries issued a 6-year, 5% semi-annual coupon bond with a par value of $1,000. Currently, the bonds are selling for $1,125.31. What is its yield to maturity? (A) 1.17% B)2.33% C)4.
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Apr 23, 2024
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Last year Banner Industries issued a 6-year, 5% semi-annual coupon bond with a par value of $1,000. Currently, the bonds are
selling for $1,125.31. What is its yield to maturity?
(A) 1.17%
B)2.33%
C)4.23%
D) 4.77%
E) 5.09%
Mathematics
college
Loomi
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Answer:
I think is A
Explanation:
dont hold me to it
Gajahlemu
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Apr 28, 2024
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Gajahlemu
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