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How do you solve this problems in Excel? i Calculating current yield What is the current yield of a bond with a 3.6% coupon, 4
How do you solve this problems in Excel?
i Calculating current yield What is the current yield of a bond with a 3.6% coupon, 4 years until maturity, and a price of 898 3.6% Coupon rate= Annual coupon Market price 898 Current yield- Understanding the relationship between the current market rate of interest and the price of a seasoned bond. What happens to the price of a bond with a remaining term to maturity of years and a 4.0% coupon if the market rate of interest changes from 5.5% 4.8% ? 4 to 1,000 Face value= Term to maturity Annual coupon 4 Old bond prices New bond price Change in bond price
How do you solve this problems in Excel?
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