Calculate using google sheets please: Emma purchases an IOU from Prof. Ozsoz on 3/12/2022...
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Finance
Calculate using google sheets please:
Emma purchases an IOU from Prof. Ozsoz on 3/12/2022 by paying $95. The IOU has a face value of $100 and will mature on 3/12/2023. The IUO also pays a coupon of $3 on 9/12/2022. Calculate Emmas yield to maturity on this IOU.
1.21%
4.35%
6.23%
8.55%
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