- Consider The Case Of A Two Year Discount Bond That Is A Bond That Pays No Coupon And Pays Its Face Value After Two Year 1 (8.56 KiB) Viewed 11 times
Consider the case of a two-year discount bond-that is, a bond that pays no coupon and pays its face value after two year
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Consider the case of a two-year discount bond-that is, a bond that pays no coupon and pays its face value after two year
Consider the case of a two-year discount bond-that is, a bond that pays no coupon and pays its face value after two years rather than one year. Suppose the face value of the bond is $1,000, and the price is $900. What is the bond's yield to maturity? The bond's yield to maturity is%. (Round your response to two decimal places.)