A 10-year, 6% coupon bond gives out semi-annual coupon payments. If it's currently selling for 85% of its face value, wh
Posted: Fri Jul 01, 2022 8:20 am
A 10-year, 6% coupon bond gives out semi-annual coupon payments. If it's currently selling for 85% of its face value, what is the yield to maturity? Compute your rate of return if you sell the bond next year for 88% of its face value.