Question
A company currently sells for 1020 and has 8% coupon rate and 1000 face value. The bond promises to pay interest quarterly and has another
A company currently sells for 1020 and has 8% coupon rate and 1000 face value. The bond promises to pay interest quarterly and has another 15 years before maturity. Calculate the yield to maturity and explain the relationship for the coupon interest rate, yield to maturity, par value and market value of the bond.
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How To Day Trade Futures
Authors: Joseph Dinero
1st Edition
154249902X, 978-1542499026
