Question
Consider some bonds with one annual coupon payment of 4.50%. The bonds have a par value of $1,000, a current price of $960, and they
Consider some bonds with one annual coupon payment of 4.50%. The bonds have a par value of $1,000, a current price of $960, and they will mature in 15 years. What is the yield to maturity on these bonds?
A.4.50%
B.4.88%
C.4.69%
D.5.35%
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
