Tuesday February 27, 2007

What is their yield to maturity and their current yield? YTM: N = 8, PV = -875, PMT = 80, FV = 1000, I/Y = 10.3751. Current yield = Annual Coupon/PV = 80/875 = 0.0914 = 9.14%. 5. The Henderson Company’s Bonds currently sell for $1,350. They pay a $110 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,220. ................
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