Explore BrainMass

Explore BrainMass

    Bond interest of 8 percent

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    An 8-percent--coupon bond sells for $800 and matures in seven years.
    Calculate its yield to maturity, assuming the following:
    a. The bond pays a single annual interest payment.
    b. The bond pays interest semiannually.

    © BrainMass Inc. brainmass.com June 4, 2020, 1:15 am ad1c9bdddf

    Solution Summary

    The expert examines the bond interest of 8 percent.