Question
Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100. Bond Coupon (%) Price (%)
Assume coupons are paid annually. Here are the prices of three bonds with 10-year maturities. Assume face value is $100.
| Bond Coupon (%) | Price (%) |
|---|---|
| 2 | 81.06 |
| 4 | 97.75 |
| 8 | 134.22 |
a. What is the yield to maturity of each bond? b. What is the duration of each bond?
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Private Equity Value Creation Analysis Volume I
Authors: Michael David Reinard
1st Edition
1736077821, 978-1736077825
