Question
A bond is traded at a price of Rs. 1080.42. It has a face value of Rs.1,000 , a semi annual coupon of Rs.30 ,
A bond is traded at a price of Rs. 1080.42. It has a face value of Rs.1,000 , a semi annual coupon of Rs.30 , and a maturity of five years . Determine its yield to maturity .
( Note - 1) complete calculation of YTM needed 2) formula used 3) detailed explanation of method used 4) complete solution needed 5) to be submitted in doc format )
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
