Question
1. Suppose you buy a $1000 face- value coupon bond with a coupon rate of 10%, a maturity of 5 years, 1) Suppose you purchase
1. Suppose you buy a $1000 face- value coupon bond with a coupon rate of 10%, a maturity of 5 years,
1) Suppose you purchase the bond at a price of $1000, what is the yield to maturity?
10%
2) Suppose the purchase price is $950, what is the yield to maturity?
3) Suppose the purchase price is $1100, what is the yield to maturity?
pls show the work thx
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Stocks For The Long Run
Authors: Jeremy Siegel
6th Edition
1264269803, 978-1264269808
