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A bond with exactly 15 years until maturity paid its semiannual coupon yesterday. The annual coupon rate is 6.12% and the bond price today is
A bond with exactly 15 years until maturity paid its semiannual coupon yesterday. The annual coupon rate is 6.12% and the bond price today is $1,116 . Suppose that the yield-to-maturity remains constant. Immediately after receiving the coupon in 6 months find the capital gain or loss that the bond will generate.
$0.34 | ||
$-1.23 | ||
$-2.64 | ||
-3.17 | ||
1.27 |
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