Question
Bond 1: Par= $100, Annual Coupon Rate = 0, Maturity= 0.5 yrs, Market Price=98 Bond 2: Par= $100, Annual Coupon Rate = 4, Maturity= 1.0
Bond 1: Par= $100, Annual Coupon Rate = 0, Maturity= 0.5 yrs, Market Price=98
Bond 2: Par= $100, Annual Coupon Rate = 4, Maturity= 1.0 yr, Market Price=98.8
Bond 3: Par= $100, Annual Coupon Rate = 6.2, Maturity= 1.5 yrs, Market Price=101
The 12-month par yield for bonds that pay semi-annual coupon payments is:
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
8th Edition
0814406807, 978-0814406809
