Bond equivalent and effective annual yield to maturity
A 23 year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 11%. Find the bond equivalent and effective annual yield to maturity for the bond prices $965, $1,000, $1,065
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How do the various functional departments of an organization use financial planning (i.e. marketing, operations, sales, executive management, finance, etc)?
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