Question
11. 12. A $1,000 par bond having a 5% coupon rate (interest is paid semiannually) with 40 years to maturity has a current price
11. 12. A $1,000 par bond having a 5% coupon rate (interest is paid semiannually) with 40 years to maturity has a current price of $1382. What is the yield to maturity of the bond (approximately)? 5.00% 4.83% 2.49% 4.06% 3.28%** A Treasury bond maturing in 10 years has a quoted price of 97.225 and a coupon rate of 5%. What is the Treasury bond's current yield (approximately)? a) 5.00% b) e) 5.14%** 5.36% 6.17% 6.38%
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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