Business, 19.12.2021 16:10, tanoah5729

You are considering the purchase of an AT&P bond with a 13% coupon rate. Interest is paid and compounded semiannually (end of period). The bond will mature in 8 years, and has a $1,000 face value. The bond currently sells for $867. Calculate the ANNUAL yield to maturity for this bond. (Round to the nearest %) a. 8% b. 11% c. 16% d. 18%

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You are considering the purchase of an AT&P bond with a 13% coupon rate. Interest is paid and co...