Question
A bond with a face value of $1,000 has 8 years until maturity, carries a coupon rate of 6.0%, and sells for $1,075. a) What
A bond with a face value of $1,000 has 8 years until maturity, carries a coupon rate of 6.0%, and sells for $1,075. a) What is the current yield on the bond (rounded to 2 decimal places)? b) What is the yield to maturity if interest is paid semiannually (rounded to 4 decimal places)?
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Algorithmic Finance A Companion To Data Science
Authors: Christopher Hian-ann Ting
1st Edition
9811238308, 978-9811238307
