Question
In Excel Solve: A 4-year, $1,000 par value bond has a 6% semi-annual coupon. The bond currently sells for $850. a. If the yield to
In Excel Solve:
A 4-year, $1,000 par value bond has a 6% semi-annual coupon. The bond currently sells for $850.
a. If the yield to maturity remains at its current rate, what will the price be 2 years from now?
b. What should be the yield to maturity 2 years from now so that the bond sells for $1100 then?
c. If the bond is called 3 years from now for a price of $1,050, what is YTC today?
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Economics For Investment Decision Makers
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
1st Edition
1118111966, 9781118111963
