Question
A 10%, $1,000 bond is trading at par. The bond's duration is 15 years and its convexity 160 years-squared. Find the bond's yield to maturity
A 10%, $1,000 bond is trading at par. The bond's duration is 15 years and its convexity 160 years-squared. Find the bond's yield to maturity (YTM). Express your answer as a percentage with 3 (THREE) digits after the decimal point. Omit the % sign.
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The Handbook Of International Trade And Finance
Authors: Anders Grath
4th Edition
0749475986, 978-0749475987
