Question
4. A $1,000 par bond with five years to maturity is currently priced at $892. Annual interest payments are $90. What is the yield to
4. A $1,000 par bond with five years to maturity is currently priced at $892. Annual interest payments are $90. What is the yield to maturity?
5. What is the total return to an investor who buys a bond for $1,100 when the bond has a 9% coupon and 5 years until maturity, then sells the bond after 1 year for $1,085?
PLEASE SHOW WOR OR WHAT YOU PLUGGED INTO THE FINANCIAL CALCULATOR
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The Engineers Cost Handbook Tools For Managing Project Costs
Authors: Richard E. Westney
1st Edition
0824797965, 978-0824797966
