Determine the ytm for the bonds
Bellamee, Inc., has semiannual bonds outstanding with five years to maturity and are priced at $920.87. If the bonds have a coupon rate of 7 percent, then what is the YTM for the bonds?
9.0%
7.0%
4.5%
9.2%
Now Priced at $10 (50% Discount)
Recommended (99%)
Rated (4.3/5)
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Bellamee, Inc., has semiannual bonds outstanding with five years to maturity and are priced at $920.87. If bonds have coupon rate of 7 percent, then what is the YTM for the bonds?
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