If a security pays $110 next year and $121 the year after that, what is its yield to maturity if it sells for $200?
A) 9 percent
B) 10 percent
C) 11 percent
D) 12 percent
Answer: B
If a security pays $110 next year and $121 the year after that, what is its yield to maturity if it sells for $200?
A) 9 percent
B) 10 percent
C) 11 percent
D) 12 percent
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.