Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

EJ Corp bond carries a 9 percent coupon, paid semi-annually. The par value is $1,000, and the bond matures in 12 years. If the bond currently sells for $905. 50 (PV), what is its yield to maturity?

Enter PV as a negative number. Calculate equal 24 payments ($1,000*. 09/2) and enter.

Remember the last payment is the return of principal plus PMT. Use IRR(cash flows).

Time Payment Periods Cash Flow

Today 0 Pv>= ?

1 ?

2 ?

3 ?

4 ?

5 ?

6 ?

7 ?

8 ?

9 ?

10 ?

11 ?

12 ?

13 ?

14 ?

15 ?

16 ?

17 ?

18 ?

19 ?

20 ?

21 ?

22 ?

23 ?

Add FV to PMT= 24 ?

IRR=> ?

The YTM is 2*IRR===> ?

Sagot :

soffyvmn

Answer: is

2

Explanation:creo question es

2

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.