Question
What are the YTM of these two bonds? Bond 1 . 100,000 bonds with a coupon rate of 8% (paid semi-annually), a price quote of
What are the YTM of these two bonds?
Bond 1. 100,000 bonds with a coupon rate of 8% (paid semi-annually), a price quote of 120.0 and have 30 years to maturity. The semi-annual YTM is 3.24%. Bond 2. 100,000 zero coupon bonds (semi-annual compounding) with a price quote of 30.0 and 20 years until maturity.
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
8th Edition
007322359X, 9780073223599
