Question
You buy a one-year bond with a par value of $1,000 at the market price of $1,010. The coupon rate is 5%. What is the
You buy a one-year bond with a par value of $1,000 at the market price of $1,010. The coupon rate is 5%. What is the current yield and the yield to maturity?
| A. | The Current yield is 5.00% | |
| B. | The yield to maturity is 4.00% | |
| C. | The yield to maturity is 5.94% | |
| D. | The Current yield is 4.95% | |
| E. | The yield to maturity is 3.96%5 |
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Sport Finance
Authors: Gil Fried, Steven Shapiro, Timothy D. Deschriver
2nd Edition
0736067701, 978-0736067706
