Question
Assume coupons are paid annually. Below is the price of a bond with 10-year maturity. Assume face value is $100. Bond Coupon (%) Price (%)
Assume coupons are paid annually. Below is the price of a bond with 10-year maturity. Assume face value is $100.
| Bond Coupon (%) | Price (%) |
| 6 | 85.00 |
What is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
What is the duration of the bond? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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Sources Of Value A Practical Guide To The Art And Science Of Valuation
Authors: Simon Woolley
1st Edition
0521737311, 978-0521737319
