Question
..Calculate the current yield and approximate yield to maturity (on the basis of simple interest) of a bond with a nominal value I thousand
..Calculate the current yield and approximate yield to maturity (on the basis of simple interest) of a bond with a nominal value I thousand rubles, bought at a price 98,0 (98%) with a fixed coupon rate of 5%. The bond will be redeemed in 2 years. According to the terms of the issuance the bond is redeemed with a 10% premium.
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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