Question
How much would you gain or loose if you buy a 30- year zero-coupon bond (with a face value of $1,000) today when its yield
How much would you gain or loose if you buy a 30- year zero-coupon bond (with a face value of $1,000) today when its yield to maturity is 10% and sell it one year later when its yield to maturity increases to 12%?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
