What yield to maturity is the bond offering

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Reference no: EM131860151

1. A 5.80 percent coupon bond with 16 years left to maturity is offered for sale at $996.42. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) Yield to maturity %

2. If you were the president of a local community bank deciding whether or not to open a second branch in Angola, how would you account for the impact on the performance of your existing branch in your decision?

Reference no: EM131860151

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