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Class, for your next post, do some research, probably on the Web, and find some bonds with differing yields to maturity (YTM). How do you
Class, for your next post, do some research, probably on the Web, and find some bonds with differing yields to maturity (YTM).
How do you explain the difference? Both the lecture and the text discuss some factors that may lead to this difference.
Also, suppose you are looking at a bond that has a 10% annual coupon and a face value of $1000. There are 20 years to maturity and the yield to maturity is 8% What price would pay?
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