Question
A bond with a par value of $1,000.00 and an annual coupon has a yield to maturity of 5.20% and a current price of $995.00.
A bond with a par value of $1,000.00 and an annual coupon has a yield to maturity of 5.20% and a current price of $995.00. If the bond has 17 years to maturity, what is its current yield?
*Please show work with financial calculator
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Listed Volatility And Variance Derivatives
Authors: Yves Hilpisch
1st Edition
1119167914, 978-1119167914
