question archive Nishat enterprise issued 12-year bonds 5 years ago at a coupon rate of 8
Nishat enterprise issued 12-year bonds 5 years ago at a coupon rate of 8
Subject:BusinessPrice: Bought3
Nishat enterprise issued 12-year bonds 5 years ago at a coupon rate of 8.4 percent. The bonds make semi-annual payments. If these bonds currently sell for 107 percent of par value, what is the YTM?
