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1. The one-year interest rate is 5.67 percent and the two-year interest rate is 8.73 percent. What is the one year interest rate one year
1. The one-year interest rate is 5.67 percent and the two-year interest rate is 8.73 percent. What is the one year interest rate one year from now?
Can you solve this using it a calculator please.
2. A 5.7% coupon bond with 8 years to maturity and a par value of $1,000 is currently selling for $870.29. What is the bond's current yield? Can you solve this using it a calculator please.
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