Question
You see that 5-Y YTM is 4% p.a. You expect that the interest rate between time 5 and time 6 will be 11%. (the 1-year
You see that 5-Y YTM is 4% p.a. You expect that the interest rate between time 5 and time 6 will be 11%. (the 1-year forward rate, 5 years from now). Compute the EXACT 6-Y YTM.
Please enter your answer as %. E,g, if your answer is 2.45%, please enter 2.45
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
