Question
A 6.25 percent coupon bond with 20 years left to maturity is offered for sale at $1017.20. What yield to maturity is the bond offering?
A 6.25 percent coupon bond with 20 years left to maturity is offered for sale at $1017.20. What yield to maturity is the bond offering? Assume interest payments are paid semi-annually and face value is $1000.
| 3.05% | ||
| 6.00% | ||
| 6.10% | ||
| 6.15% |
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
