Yield to Maturity on the Bond Assignment | Homework For You
May 29th, 2020
(Expected rate of return and current yield) Time Warner has bonds that are selling for $ 653. The coupon interest rate on the bonds is 10.20 percent and they mature in 26 years. What is the yield to maturity on the bonds? What is the current yield?
a. The yield to maturity on the bond is
nothing%.
(Round to two decimal places.)
b. The current yield is
nothing%.
(Round to two decimal places.) Get Finance homework help today