Financial problems | Business & Finance homework help
Season’s Republic Inc. has a bond outstanding. This bond has a 9.5% coupon paid semiannually, and is selling in the market for $913.00 with 6 years remaining to maturity. What is the bond’s YTM? a. 10.92% b. 11.55% c. 11.73% d. 11.80% YTM = 11.55% XYZ Promotions Corporation has a bond outstanding with a market price of $1,136.00. The bond has 4.5 years to maturity, […]