Question
11. A corporate bond with a face value of $1,000 matures in 5 years and has a 6% coupon paid at the end of each
11. A corporate bond with a face value of $1,000 matures in 5 years and has a 6% coupon paid at the end of each year. The current price of the bond is $1,105. What is the yield to maturity for this bond? A. 2.60% B. 3.66% C. 3.86% D. 4.20% E. 4.95%
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Handbook Of High Frequency Trading
Authors: Greg N. Gregoriou
1st Edition
0128022051, 978-0128022054
