question archive A Macrohard Corp
A Macrohard Corp
Subject:FinancePrice:2.87 Bought7
A Macrohard Corp. bond carries an 8 percent coupon, paid semiannually. The par value is $1,000 and the bond matures in six years. If the bond currently sells for $911.37, what is its yield to maturity?
What is the effective annual yield
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