An investor bought a 10 ½% bond at 109 . The bond would mature in 5 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)
8.33%
You might also like to view...
The ________________ will frame your entire presentation.
a. audience analysis b. context analysis c. message design d. speaker goals
In Phil's suit against Riley, the court issues a judgment in Riley's favor. If the case is appealed to an appropriate court of appeals, the appellate court will hear
A. all of the evidence. B. most of the evidence. C. none of the evidence. D. select pieces of evidence.
Describe the significance of consideration and initiating structure in a TQ environment
Indicate whether each of the following statements is true or false.________ a) Operating cycles for most businesses are less than one year.________ b) If a business does not plan to use any of its current assets to repay a debt, then that debt is listed as long term even if it is due within a year.________ c) The current ratio is computed by dividing current assets by net income.________ d) The current ratio is a useful measure of a company's liquidity.________ e) Liquidity is the ability of a business to repay liabilities in the long run.
What will be an ideal response?