jacckkkiiiieee4389 jacckkkiiiieee4389
  • 10-01-2020
  • Business
contestada

A corporate bond matures in one year. The bond promises a $50 coupon and a principal payment of $1,000 at maturity. If an investor buys the bond for $938.10, calculate the promised yield on the bond

Respuesta :

ppkd1998p4tvsn
ppkd1998p4tvsn ppkd1998p4tvsn
  • 10-01-2020
Promised yield = 1050/938.10 = 11.93%
Answer Link

Otras preguntas

How w can Mario show the area as a whole number multiplied by ten
Is doctor a common noun or a proper noun
what significant events were occurring in england and north america at the time that the wealth of nations was written ?
which statement best summarizes third paragraph of economy in walden
How do you say "hello welcome to my home" in Spanish?
Language Focus: quiz pt. 2 To see questions view the attachment down below.
3x + y = 4 x - 2y = 3 The solution to the system of equations shown is (11/7, -5/7) (6/5, -9/10) (1, -1)
After was the cost of the Northeast very Windy
can you guys help me with this?
Sofia learned 10 recipes to create party dishes. she learned these recipes in 2 weeks. how many recipes can Sofia learn in 5 weeks