Question
Today, a bond has a coupon rate of 12.8%, par value of $1000, YTM of 9.40%, and semi-annual coupons with the next coupon due in
Today, a bond has a coupon rate of 12.8%, par value of $1000, YTM of 9.40%, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond's price was $1,281.05 and the bond had 6 years until maturity. What is the current yield of the bond today?
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Real Estate Investing Market Analysis Valuation Techniques And Risk Management
Authors: Benedetto Manganelli
1st Edition
3319063960,3319063979
