What is the approximate yield to maturity for a $1,000 par value bond selling for...
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Finance
What is the approximate yield to maturity for a $1,000 par value bond selling for $700 that matures in 7 years and pays 7 percent interest semi-annually?
a. 13.3%
b. 8.9%
c. 8.2%
d. 12.1%
e. 3.6%
f. 6.0%
What is the approximate yield to maturity for a $1,000 par value bond selling for $700 that matures in 7 years and pays 7 percent interest 2 semi-annually 13.3% a 8.9% .bo 8.2%.c 12.1% do 3.6% e 6.0%
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