Question
1 A bond has a par value of $1,000, a market price of $1,012, and a coupon rate of 5.75 percent. What is the current
1 A bond has a par value of $1,000, a market price of $1,012, and a coupon rate of 5.75 percent. What is the current yield?
2 A 6.5 percent coupon bond has a face value of $4,000 and a current yield of 6.61 percent. What is the current market price?
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Lending Investments And The Financial Crisis
Authors: Elena Beccalli, Federica Poli
1st Edition
1349564982, 978-1349564989
