a bond currently trades at $1044 on the secondary market. the bond has 5 years until maturity and pays an annual coupon
Posted: Tue Jan 18, 2022 1:00 pm
a bond currently trades at $1044 on the secondary market. the
bond has 5 years until maturity and pays an annual coupon at 7% of
face value. the face value of the bond is $1000. what is the coupon
( or current) yield for this bond (enter you answers as decimal
places rounded to four decimals)
bond has 5 years until maturity and pays an annual coupon at 7% of
face value. the face value of the bond is $1000. what is the coupon
( or current) yield for this bond (enter you answers as decimal
places rounded to four decimals)