Question
A nine year, monthly coupon bond is selling for $1100. The bond has a face value of $1,000 and a yield to maturity of 7
A nine year, monthly coupon bond is selling for $1100. The bond has a face value of $1,000 and a yield to maturity of 7 percent. What is the coupon rate? If this bond is called in year 3 with a call premium of 15%, what is the yield to call?
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Rich Dads Increase Your Financial IQ Get Smarter With Your Money
Authors: Robert T. Kiyosaki
1st Edition
1612680658, 978-1612680651
