# accounting

posted by
**pookie**
.

a ten year bond pays 11% interest on a $1000 face value annually. If it currently sells for $1195.00 what is its approximate yeild to maturity?

posted by
**pookie**
.

a ten year bond pays 11% interest on a $1000 face value annually. If it currently sells for $1195.00 what is its approximate yeild to maturity?