Question
3. A semiannual coupon bond with coupon rate of 5% and face value of $1000 trades at $1050. It matures in 7 years. What is
3. A semiannual coupon bond with coupon rate of 5% and face value of $1000 trades at $1050. It matures in 7 years. What is its yield to maturity (YTM)? Answer in percent and round to two decimal places.
4. A 5 year semiannual coupon bond with a face value of $1000 trades at $853. The market-determined discount rate is 5%. What is the coupon rate? Answer in percent and round to two decimal places.
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
