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8.25. Realized yield: You bought a six-year bond issued by Runaway Corp. four years ago. At that time, you paid $974.33 for the bond. The
8.25. | Realized yield: You bought a six-year bond issued by Runaway Corp. four years ago. At that time, you paid $974.33 for the bond. The bond pays a coupon rate of 7.375 percent, and interest is paid semiannually. Currently the bond is priced at $1,023.56. What yield can you expect to earn on this bond if you sell it today? | ||||||||||
please show your work. preferably not an excel sheet. the question is listed.
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