Question
A default-free coupon bond with a coupon rate of 3% matures in 2 years. The bond pays coupons semi-annually, and has a face value of
A default-free coupon bond with a coupon rate of 3% matures in 2 years. The bond pays coupons semi-annually, and has a face value of $100. Today, its yield to maturity is 2.5%. In 6 months, after the first coupon payment, its yield to maturity is 3%. The six month holding period return is
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
