(Answered) On june 1 2015 a 3-year bond was issued to a private

Finance

On June 1, 2015 a 3-year bond was issued to a private investor to fund an international expansion. The bond had a face value of $800,000 and makes quarterly interest payments of $24,000 (the first payment was made on time on September 1, 2015). The bond was sold for $841,031. Also -123 Inc.'s CEO just attended a corporate finance seminar and learned about bond yields, she would like you to calculate the yield that her company's bonds' offer. (Note: this may require you to reach beyond the material covered in class.

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