Question
Suppose you buy a 6 year 12% bond that has a YTM of 9%. What is the price of the bond? Suppose you buy a
- Suppose you buy a 6 year 12% bond that has a YTM of 9%. What is the price of the bond?
- Suppose you buy a 30 year bond that pays a 6% coupon for the first 15 years and a 8% coupon for the last 15 years. The YTM of this bond is 7%. What is the price of the bond?
7. What is the YTM of a 5 year 8% bond that is currently selling for $1050?
8. What is the YTM of a 10 year 6% bond that is currently selling for $940?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
