Question
Please help. Thank you sosososo much. 7 Due to the COVID-19, the market interest rates decreased unexpectedly early this morning. Which one is correct? a
Please help. Thank you sosososo much.
7 Due to the COVID-19, the market interest rates decreased unexpectedly early this morning. Which one is correct?
a fixed-rate bond's coupon rate to decrease
b the price of zero coupon bond to decrease
c coupon bond's current yield to increase
d coupon bond's yield-to-maturity to decrease
e zero-coupon bond's current yield to decrease
8
A 14-year 9% coupon bond is currently priced at $950.00 and has a par value of $1,000. Interest is paid semiannually. Find the yield to maturity
a 10.25%
b 10.40%
c 10.45%
d 8.67%
e 9.66%
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