Question
do well bond have face value of 600 currently quoted at 300. coupon rate of 2.5%. what is current yield on bond? sister invest 6000
do well bond have face value of 600 currently quoted at 300. coupon rate of 2.5%. what is current yield on bond?
sister invest 6000 today after 7 years the investment will be worth 500000. what is the interest rate she earned on the investment?
include formula please
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Foundations Of Financial Markets And Institutions
Authors: Franco Modigliani, Frank J. Jones, Michael G. Ferri, Frank J. Fabozzi
3rd Edition
0130180793, 978-0130180797
