Question
Suppose a ten-year, $1,000 bond with an 8.3% coupon rate and semiannual coupons is trading for $1,034.53. a. What is the bond's yield to maturity
Suppose a ten-year,
$1,000
bond with an
8.3%
coupon rate and semiannual coupons is trading for
$1,034.53.
a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)?
b. If the bond's yield to maturity changes to
9.4%
APR, what will be the bond's price?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
1st Edition
1607962233, 978-1607962236
