Question
A $1,000 bond has a 4 percent coupon and currently sells for $720. The bond matures after seven years. What is the bonds anticipated yield?
A $1,000 bond has a 4 percent coupon and currently sells for $720. The bond matures after seven years. What is the bonds anticipated yield? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest whole number. %
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The Oxford Handbook Of Quantitative Asset Management
Authors: Bernd Scherer, Kenneth Winston
1st Edition
0199553432, 978-0199553433
