What is yield to maturity-bonds issued by jordache jewellers
Question:
The bonds issued by Jordache Jewellers bear a 7.5% coupon, payable semiannually. The bonds mature is 13 years and have a $1,000 face value. Currently, the bonds sell at par. What is the yield to maturity?
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The bond have a par value $1,000 and market price of $942.90. Interest is paid semiannually. What is the yield to maturity?
The bonds issued by Jordache Jewellers bear a 7.5% coupon, payable semiannually. The bonds mature is 13 years and have a $1,000 face value.
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