Question
1.A government bond issued in Germany has a coupon rate of 5%, a face value of 100.00 euros, and matures in five years. The bond
1.A government bond issued in Germany has a coupon rate of 5%, a face value of 100.00 euros, and matures in five years. The bond pays annual interest payments. Calculate the yield to maturity of the bond (in euros) if the price of the bond is 106.00 euros.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
