GE issued a twenty-year low coupon bond 5 years ago. The coupon rate is 0.5%, paid semi-annually and the next payment is
Posted: Wed May 18, 2022 10:29 pm
GE issued a twenty-year low coupon bond 5 years ago. The
coupon rate is 0.5%, paid semi-annually and the next payment is due
in 6 months. The bond's price is quoted at 76.8. What is the yield
to maturity implied in the current price?
Select one:
a.2.34%
b.2.83%
c.1.17%
coupon rate is 0.5%, paid semi-annually and the next payment is due
in 6 months. The bond's price is quoted at 76.8. What is the yield
to maturity implied in the current price?
Select one:
a.2.34%
b.2.83%
c.1.17%