Question
Suppose a 10-year, $1,000 bond with a 7% coupon rate and semiannual coupons is trading for a price of $1,180.46. The bonds yield to maturity
Suppose a 10-year, $1,000 bond with a 7% coupon rate and semiannual coupons is trading for a price of $1,180.46.
The bonds yield to maturity (expressed as an APR with semiannual compounding is __________%. (Round to two decimal places.)
If the bonds yield to maturity changes to 8% APR, the price of the bond would be $__________. (Round to nearest cent.)
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Structured Finance Leveraged Buyouts Project Finance Asset Finance And Securitization
Authors: Charles-Henri Larreur
1st Edition
1119371104, 978-1119371106
