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Bond Price YTM Maturity Coupon rate A 4 years 5.0% B 5 years 5.5% C 100.00 6 years 5.5% The face values of the three
Bond | Price | YTM | Maturity | Coupon rate |
A | 4 years | 5.0% | ||
B | 5 years | 5.5% | ||
C | 100.00 | 6 years | 5.5% |
The face values of the three bonds are all 100. If YTMA > YTMB > YTMC > 5%, which bond has the highest price?
Bond A | ||
Bond C | ||
Bond B |
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