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A 15 year bond currently sells at par. It offers semi-annual payments and the payment is $36. What is the yield to maturity of this
A 15 year bond currently sells at par. It offers semi-annual payments and the payment is $36. What is the yield to maturity of this bond? 2. a. 3.6% b. 5.000 C. 7.2% d. 8.3% e. It cannot be determined 3. If the price of a bond that currently sells at par increases, what happens to its coupon rate? a. It decreases b. It increases c. It stays the same 4. If the price of a bond that currently sells at par increases, what happens to its yield to maturity? a. It decreases b. It increases c. It stays the same
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