Problemge capital has just issued a 250000 par value bond, Ask an Expert

Finance

Problem:

GE Capital has just issued a $250,000 par value bond that has 15 years till maturity. The bond pays $2,700 a year in interest and is selling for $209,500.

Requirement:

Question 1: What is the approximate yield to maturity? Explain in detail.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146173

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