Question
A bond with 20 years to maturity has an annual interest payment of $50. If the bond sells for its par value, what are the
A bond with 20 years to maturity has an annual interest payment of $50. If the bond sells for its par value, what are the bond's current yield and yield to maturity? Round your answers to two decimal places.
CY: %
YTM: %
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The Bank Credit Analysis Handbook
Authors: Jonathan Golin, Philippe Delhaise
2nd Edition
0470821574, 978-0470821572
