Question
Answer both of the following questions on bonds. Required: (2 marks each) 1. A Government of Canada bond has a face value of $1,000, an
Answer both of the following questions on bonds. Required: (2 marks each)
1. A Government of Canada bond has a face value of $1,000, an 2.5% coupon, has 10 years to maturity and currently trades at a price of $950. Calculate the Current Yield.
2. A Government of Canada bond has a face value of $1,000, an 4.0% coupon, has 12 years to maturity and currently trades at a price of $1,100. Calculate the Yield to Maturity.
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
