Question
1. You own a 20-year, $1000 face value bond paying 8% coupon annually. If market price of the bond is 1000, what should be the
1. You own a 20-year, $1000 face value bond paying 8% coupon annually. If market price of the bond is 1000, what should be the Yield to Maturity of the bond?
You also own a 20-year, $1000 face value bond paying 8% coupon annually. What should be the market price of the bond so that its Yield to Maturity is exactly 10%?
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Modern Equity Investing Strategies
Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
