Question
Suppose you buy a $1000 face- value coupon bond with a coupon rate of 10%, a maturity of 4 years, 1) Suppose you purchase the
Suppose you buy a $1000 face- value coupon bond with a coupon rate of 10%, a maturity of 4 years,
1) Suppose you purchase the bond at a price of $1000, what is the yield to maturity?
2) suppose the purchase price is $800, what is the yield to maturity?
3) Suppose the purchase price is $1200, what is the yield to maturity?
How i can find the soultions using Excel ? with explanation please
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Principles Of Managerial Finance
Authors: Chad Zutter, Scott Smart
16th Global Edition
1292400641, 978-1292400648
