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Bond $1000 par,10year maturity,annual 7% coupon rate and sell $985,what is YTM
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If a bond has a $1,000 par value, 10 years to maturity, and a 7% annual coupon and sells for $985, what is its yield to maturity(YTM)? What will the price be 3 years from today if the YTM remains constant for the next 3 years?
Finance, YTM maybe affect on Net Income?
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XYZ Corporation, a publicly traded company, just posted results for fiscal year ended Ended September 20, 2009. Its audit opinion was unqualified. Its audited financial statements reflected net income of $75 million, total assets of $1 billion, and total liabilities of $500 million. ... View more questions Search
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