Question
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.00%. a. what is the yield
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8.00%.
a. what is the yield to maturity if the bond is selling for $930?
b. what is the yield to maturity if the bond is selling for $1,000? (8%)
c. What is the yield to maturity if the bond is selling for $1,135?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
2nd Edition
0324117752, 9780324117752
