Question
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.8%. (Do not round intermediate calculations.
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.8%. (Do not round intermediate calculations. Enter your answers as a percent rounded to 3 decimal places.)
a. What is the yield to maturity if the bond is selling for $960?
Yield to maturity % __________
b. What is the yield to maturity if the bond is selling for $1,000?
Yield to maturity % ____________
c. What is the yield to maturity if the bond is selling for $1,125?
Yield to maturity % _____________
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Handbook Of Short Selling
Authors: Greg N. Gregoriou
1st Edition
0123877245, 978-0123877246
