Question
What is the yield to maturity of a five-year, $10,000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently trading
What is the yield to maturity of a five-year, $10,000 bond with a 4.8% coupon rate and semiannual coupons if this bond is currently trading for a price of $9,546?
| 7.03% | ||
| 5.86% | ||
| 8.21% | ||
| 2.93% |
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
