Question
Gungee Inc. bonds mature in 15 years and pay a coupon of 7% annually. They are currently selling in the market for $1,075. If you
Gungee Inc. bonds mature in 15 years and pay a coupon of 7% annually. They are currently selling in the market for $1,075. If you buy the bonds today and hold them until maturity, what is your yield to maturity (YTM)?
| 8.15% | ||
| 7.00% | ||
| 6.22% | ||
| 5.38% |
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Handbook Of Financial Risk Management
Authors: Thierry Roncalli
1st Edition
1138501875, 978-1138501874
