The Pioneer Petroleum Corporation has a bond outstanding with an $50 annual interest payment, a market price of $830, and a maturity date in five years. Assume the par value of the bond is $1,000.
A. Coupon Rate
B. Current Yield
C. Approximate yield to maturity
D. Exact yield to maturity

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shelbymrutledge79911 shelbymrutledge79911

05-07-2024
Business

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The Pioneer Petroleum Corporation has a bond outstanding with an $50 annual interest payment, a market price of $830, and a maturity date in five years. Assume the par value of the bond is $1,000.
A. Coupon Rate
B. Current Yield
C. Approximate yield to maturity
D. Exact yield to maturity

Sagot :

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