Question
Consider a bond with a 10% annual coupon rate, 15 years to maturity, and a par value of $1,000. The bond price is $900 .
Consider a bond with a 10% annual coupon rate, 15 years to maturity, and a par value of $1,000. The bond price is $900. [correct to 2 decimal points]
The bond yield is ____________%.
[Note: e.g., If you get 11.28%, input 11.28, NOT 0.11]
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The Economic Indicator Handbook How To Evaluate Economic Trends To Maximize Profits And Minimize Losses
Authors: Richard Yamarone
1st Edition
1118204662, 9781118204665
