Question
DDJ just issued an 8-year bond. The bond makes semi-annual coupon payments based on annual coupon rate of 6%. If the bond is trading at
DDJ just issued an 8-year bond. The bond makes semi-annual coupon payments based on annual coupon rate of 6%. If the bond is trading at $1,125.25, what is the bonds yield to maturity?
Question 29 options:
|
| 2.07% |
|
| 2.01% |
|
| 5.14% |
|
| 5.97% |
|
| None of the above |
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Principles Of Housing Finance Reform
Authors: Susan M. Wachter, Joseph Tracy
1st Edition
0812248627, 978-0812248623
