Question
A 7.44% coupon, 22.0 year annual bond has a yield to maturity of 7.09% Assuming the par value is 1,000 and the YTM does not
A 7.44% coupon, 22.0 year annual bond has a yield to maturity of 7.09% Assuming the par value is 1,000 and the YTM does not change over the next year. Compute the following:
a) price of the bond today?
b) price of the bond in one year?
c) capital gains yield?
d) current yield?
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
