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
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%
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
