Question
Now let's look from the view of the investor who buys a bond with the coupon rate of 0.03%, and 7 years remaining to maturity,
Now let's look from the view of the investor who buys a bond with the coupon rate of 0.03%, and 7 years remaining to maturity, when market rate {z}%. If this investor pays $915.90 for the bond, what is his current yield?
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Case Studies In Finance
Authors: Robert F. Bruner
4th Edition
0072338628, 978-0072338621
