nanny goat wants to invest her recent bonus in a four-year, $1000 par value bond that pays an
annual coupon rate of 11 percent. the bonds are selling at $960 today. If nanny buys this bond,
what would be her yield to maturity.
nanny goat wants to invest her recent bonus in a four-year, $1000 pa.pdf
1. nanny goat wants to invest her recent bonus in a four-year, $1000 par value bond that pays an
annual coupon rate of 11 percent. the bonds are selling at $960 today. If nanny buys this bond,
what would be her yield to maturity