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If the bond is currently listed as 950 Compute the yield to maturity for the bonds holder? 1. A $1,000 unit bond has a coupon
If the bond is currently listed as 950 Compute the yield to maturity for the bonds holder?
1. A $1,000 unit bond has a coupon rate of 5%. The bond has five years left until it matures. The current market interest rate equals 5%. Compute the bonds market value today.
2. You can use the same fact situation as problem one. The only item that has change is current market interest rate equals 3%. Compute the bonds market value today.
3. If the bond is currently listed as 950 Compute the yield to maturity for the bonds holder?
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