Question
The yield to maturity of a bond trading at $860, paying an annual coupon of 5%, on a face value of $1000, maturing 7 years
The yield to maturity of a bond trading at $860, paying an annual coupon of 5%, on a face value of $1000, maturing 7 years from now, with the first coupon payable 1 year from now is: (express your answer as a percentage, to 2 decimal places ... so if your answer is 5%, write 5.00)
The yield to maturity of a bond trading at $940, paying an annual coupon of 4.5%, ong a face value of $1000, maturing 6 years from now, with the first coupon payable 1 year from now is: (express your answer as a percentage, to 2 decimal places ... so if your answer is 5%, write 5.00)
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