The pharmaceutical business is a very vast, high profit, high risk business. The big source of
profit is mostly the monopoly that the company enjoys, and the business or firm operates on mostly
Principle Finance Management
What is the Yield to maturity?
N= 10 years, PV= $ 1200, FV= $1000
PMT= 11% * $1000= $110
YTM= rate (10, -1200, 1000, 110) = 8.02%
What is the Yield to call if they are call