Sunland Industries has a three-year bond outstanding that pays a 7.80 percent coupon rate and is currently priced at $938.80. What is the yield to maturity of this bond? Assume annual coupon payments. (Round answer to 2 decimal places, e.g. 52.75%.) Yield to maturity ( )%
Sunland Industries has a three-year bond outstanding that pays a 7.80 percent
coupon rate and is currently priced at $938.80. What is the yield to maturity of this bond? Assume annual coupon payments. (Round answer to 2 decimal places, e.g. 52.75%.)
Yield to maturity ( )%