Question
A coupon bond of 8.5 percent with 13 years left to maturity is priced to offer a 6.75 percent yield to maturity. You believe that
A coupon bond of 8.5 percent with 13 years left to maturity is priced to offer a 6.75 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.6 percent.
What would be the total return of the bond in dollars?
What would be the total return of the bond in percentage?
How do I input this question in Excel?
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
