The current yield of a bond with a coupon rate of 10%, paying semi-annual coupons, with 10
Fantastic news! We've Found the answer you've been seeking!
Question:
The current yield of a bond with a coupon rate of 10%, paying semi-annual coupons, with 10 years to maturity, when the market yield is 14%, is:
a 6.71%
b 12%
c 13.4%
d 12.7%
Posted Date: