What is the bond yield to maturity for mr wa is

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Problem 1: ABC Corporation issued corporate bonds with face value of P1,000, and pays a P50 coupon every 6 months. The bonds are dated January 1, 2019 and matures on January 1, 2031. On January 1, 2021, Mr. Wa Is purchased 500 units of the bonds at a unit price of P1,080. What is the bond's yield to maturity for Mr. Wa Is?

Reference no: EM132931174

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