Question
2.4 a. (5 points) Calculate the yield to maturity of a zero-coupon bond with a face value of $1000, maturing in 10 years and selling
2.4
a. (5 points)
Calculate the yield to maturity of a zero-coupon bond with a face value of $1000, maturing in 10 years and selling for a price of $329.30.
b. (5 points)
Consider a $1000 par value bond with a 10% coupon and a current yield of 6.2%. What is this bonds price?
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Gapenski's Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Kristin L. Reiter, Paula H. Song
7th Edition
1640551867, 9781640551862
