Question
A 2-year bond with par value $1,000 making annual coupon payments of $112 is priced at $1,000. b. What will be the realized compound yield
A 2-year bond with par value $1,000 making annual coupon payments of $112 is priced at $1,000.
b. What will be the realized compound yield to maturity if the 1-year interest rate next year turns out to be (i) 5%, (ii) 8%, (iii) 11%? (Round your answers to 2 decimal places.)
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Principles Of Banking
Authors: Allyn C Buzzel
11th Edition
089982689X, 9780899826899
