Question
1. A bond has a coupon rate of 1.5%, a maturity date of 1 June 2023, a current value of 91.00 and coupon frequency is
1. A bond has a coupon rate of 1.5%, a maturity date of 1 June 2023, a current value of 91.00 and coupon frequency is annual. If today is 1 June 2019, calculate the current yield, the yield to maturity and the duration of the bond.
2. Critically assess the important assumptions made when you calculate the yield to maturity
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
7th Edition
0077861604, 9780077861605
