Question
A corporate bond has a face value of $1,000, and pays a $50 coupon every six months (that is, the bond has a 10 percent
A corporate bond has a face value of $1,000, and pays a $50 coupon every six months (that is, the bond has a 10 percent semiannual coupon). The bond matures in 12 years and sells at a price of $1,080. What is the bond's nominal yield to maturity?
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Currency Strategy The Practitioners Guide To Currency Investing Hedging And Forecasting
Authors: Callum Henderson
2nd Edition
0470027592, 978-0470027592
