Question
you are trying to figure out the current yield of a bond that has a semiannual coupon payment of 50, a face value of 1000
you are trying to figure out the current yield of a bond that has a semiannual coupon payment of 50, a face value of 1000 a market value of 965 and has 15 years until maturity. what is the current yield?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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