Question
The ABC company has a bond with a market value of $800. The bond has a coupon rate of 4% per year, with coupons paid
The ABC company has a bond with a market value of $800. The bond has a coupon rate of 4% per year, with coupons paid annually, a maturity value of $1,000, and 5 years remaining to maturity. What is this bond's yield to maturity? What is current yield? What is capital gain yield?
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
