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How do you find the capital gains yield for this? From the following information. answer the auestions below: (1) What is the price of the
How do you find the capital gains yield for this?
From the following information. answer the auestions below: (1) What is the price of the bond?. Answer: $997.8 (99.78\% of par). It is selling for a discount (2) What is the Yield to Maturity (YTM)? FV1000;n=20(20392019);PMT=47;PV=(997.8)i=4.717% (3) What is the current yield? Current yield =PMT/ Price 47/997.8=4.710%Step by Step Solution
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Dividend Growth Investing Machine
Authors: Andrew P.C.
1st Edition
1521728461, 978-1521728468
