Question
A government bond issued in Germany has a coupon rate of 6 percent, a face value of 100 euros, and matures in five years. The
A government bond issued in Germany has a coupon rate of 6 percent, a face value of 100 euros, and matures in five years. The bond pays annual interest payments. Calculate the yield to maturity of the bond (in euros) if the price of the bond is 110 euros.
(using excel)
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
