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solved as soon as possible A Rs 100 face value bond carries coupon rate of 11 percent. It will mature after 7 years. The bond
solved as soon as possible
A Rs 100 face value bond carries coupon rate of 11 percent. It will mature after 7 years. The bond is currently selling in the market for Rs 90. a) What is the YTM of this bond? (8 marks) b) If the current market price reduces, what will be the impact on YTM- will it increase, decrease, or no change? (2 marks)Step by Step Solution
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