Question
A 30-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 9.00%. 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 9.00%.
a. What is the yield to maturity if the bond is selling for $1,080?
b. What is the yield to maturity if the bond is selling for $1,000 (I have the answer for this question)
c. What is the yield to maturity if the bond is selling for $1,070?
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Quantitative Finance: An Object-Oriented Approach In C++
Authors: Erik Schlogl, Dilip B. Madan
1st Edition
1584884797, 978-1584884798
