Question
If a 1000 rupees face value bond paying 15% coupon whereas it is maturing in 10 years and the interest rate is 12%. If it
If a 1000 rupees face value bond paying 15% coupon whereas it is maturing in 10 years and the interest rate is 12%. If it is trading for 1150 rupees, what is the current yield and YTM?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
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