Question
Company currently has one bond issue outstanding. This bond pays a coupon rate of 10% ($100 per year) and matures in five years, and has
Company currently has one bond issue outstanding. This bond pays a coupon rate of 10% ($100 per year) and matures in five years, and has a par value of $1,000. If you require a 14% rate of return. What is the capital gain yield of this bond in the first year
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
