Question
Bund Corporations bonds have 14 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 9
Bund Corporations bonds have 14 years remaining to maturity. Interest is paid annually; they have a $1,000 par value; the coupon interest rate is 9 percent; and the yield to maturity is 13 percent. What is the bonds current yield?
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Mathematics Of Finance
Authors: Robert Brown, Petr Zima
2nd Edition
0071756051, 9780071756051
