Post Utme Futo 2023 Commerce Question 19

Practice objective / multiple choice question 19 from the 2023 Post Utme Futo Commerce examination.

Post Utme Futo 2023 Commerce Objective / Multiple Choice
Question 19 POST_UTME_FUTO • 2023 • COMMERCE • objective

A firm is considering issuing a bond with a face value of ₦100 million and a coupon rate of 8%. What is the bond's yield to maturity?

Answer Options

A. 8%
Correct Answer B. 9%
C. 10%
D. 11%
Correct Answer
B
Correct Option:
9%

About This Question

This is Post Utme Futo 2023 Commerce Question 19. It is one of the objective questions from the 2023 Post Utme Futo Commerce examination.

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