Question
1. Using the offering price found in step 3 and assuming the FV = 100 what is the YTM of your bond on offering Offering
1. Using the offering price found in step 3 and assuming the FV = 100 what is the YTM of your bond on offering
Offering: 07/27/1998 / Maturity Date: 08/01/2028
Offering price: $99.62
Face value:100
Coupon rate: 8.55%
Coupon amount: = $8.55
Coupon Amount (semi-annual) = $4.275
2. Compute the using the information found in step 3, compute the current YTM
show your work not through excel
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Fundamentals Of Futures And Options Markets
Authors: John Hull
9th Edition
0134083245, 9780134083247
