Register
Watters Umbrella Corp. issued 20-year bonds 2 years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM
197k views
3 votes
Watters Umbrella Corp. issued 20-year bonds 2 years ago at a coupon rate of 6.2 percent. The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM

User Munerz
by
8.2k points

1 Answer

4 votes

Answer:

12%

Step-by-step explanation:

the YTM of the Bond is 12 %

User Rachid Finge Jr
by
7.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What can turn igneous rock into sediment?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain
The government’s involvement in economy serves what two purposes?
Link Copied!