Question
If today a 12% coupon bond sells at par. Three years from now, the required rate of return on the same bond is 10%. What
If today a 12% coupon bond sells at par. Three years from now, the required rate of return on the same bond is 10%. What is the coupon rate on the bond now? what is the yield to maturity on the bond?
| A. | 2% | |
| B. | 8% | |
| C. | 10% | |
| D. | 12% | |
| E. | 14% |
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Contemporary Islamic Finance
Authors: Karen Hunt-Ahmed
1st Edition
1118180909, 978-1118180907
