CHAPTER 18 PROBLEM 2
- Devry University / Other
- 24 Aug 2015
- Price: $2
- Other / Other
FINANCE Investment Analysis and Portfolio Management CHAPTER 18 PROBLEM 2 Assume that you purchased an 8 percent, 20-year,$1,000 par, semiannual payment bond priced at $l,012.50 when it has 12 years remaining until maturity. Compute : a. Its promised yield to maturity b. Its yield to call if the bond is callable in three years with an 8 percent premium.