1 a municipal bond with a coupon rate of 440 percent sells, Ask an Expert

Finance

1. A municipal bond with a coupon rate of 4.40 percent sells for $4,830 and has eight years until maturity. What is the yield to maturity of the bond?

2. Why do you think most secondary-market trading in bonds takes place over the counter?

3. Discuss capital budgeting and risk, specifically, define a type of risk faced in business and how it can be mitigated and measured.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92317140

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