Ask a New Question

Question

Amy purchased a five-year $5,250 bond below par value for $4,675 with a coupon of 3.5%. What was her yield?
7 years ago

Answers

A Hero
the answer is 3.9%
3 years ago

Related Questions

(Year 2000, Year 2001) QUANTITY ...Popcorn: (200,250) ....Novels: (50,30) .....Shoes: (8,10)... (Year 2000, Year 2001) QUANTITY ...Popcorn: (200,250) ....Novels: (50,30) .....Shoes: (8,10)... capacity year area year stories economy 8. Ms. Scott purchased a 7-year, 4% annual coupon bond with the YTM of 4%. Ms. Lee invested in a 10-... 7. One year ago, you purchased a rare Indian-head penny for $14,000. Because of the recessio... 1/2/15 Purchased patent (6-year life) $521,580 4/1/15 Goodwill purchased (indefinite life) 395,1... Sept 29, Year 2 Purchased a one-year public liability insurance policy for $5,000. The policy become... in one town last year year there was a ratio of 1 recreational vehicle to every 2 trucks. This year... One year ago, you purchased a stock at a price of $52.59 per share. Today, you sold your stock at a... me and her purchased every year. However, authors only collect the small fraction of the profit. Ho...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use