Question
if today 12% coupon bond sell at par. three years from now the required rate of the same bond is 10%. what is the yield
if today 12% coupon bond sell at par. three years from now the required rate of the same bond is 10%.
what is the yield to maturity on the bond?
what is the coupon rate on the bond?
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Cases in Financial Reporting
Authors: Michael J. Sandretto
1st edition
538476796, 978-0538476799
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