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Congratulations, you have been hired as an analyst at the Procter and Gamble Co. (PG). It is November 1, 2020. PG just made a coupon
Congratulations, you have been hired as an analyst at the Procter and Gamble Co. (PG). It is November 1, 2020. PG just made a coupon payment (semi-annual) on its "8% 2047" bonds that mature on November 1, 2047. The bonds currently sell for 106 with a par value of 100
a. What is the yield to maturity on the PG 2047 bond? YTM =
b. What is the Current Yield? The Capital Gains Yield? Current Yield = Capital Gains Yield =
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