A bond with nominal value of 100 and coupon rate of 8.3 per cent has market value
Question:
A bond with nominal value of £100 and coupon rate of 8.3 per cent has market value of £110.
What is:
(a) its flat yield?
(b) its yield to maturity in three years?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: