Question
Consider a bond (same as previous question) with $1000 par value, 13 annual coupon payments remaining, coupon rate of 6.8 percent, and yield to maturity
Consider a bond (same as previous question) with $1000 par value, 13 annual coupon payments remaining, coupon rate of 6.8 percent, and yield to maturity of 4.9 percent. Suppose an annual coupon payment has just been paid. Calculate the current yield over the next year. SUBMIT YOUR ANSWER IN DECIMAL FORM.
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The Handbook Of Mergers And Acquisitions
Authors: David Faulkner, Satu Teerikangas, Richard J. Joseph
1st Edition
0199601461, 978-0199601462
