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A 7.15 percent coupon bond with 22 years left to maturity is priced to offer a 6.4 percent yield to maturity. You believ
Posted: Wed Jul 06, 2022 6:44 pm
by answerhappygod
- A 7 15 Percent Coupon Bond With 22 Years Left To Maturity Is Priced To Offer A 6 4 Percent Yield To Maturity You Believ 1 (24.77 KiB) Viewed 39 times
A 7.15 percent coupon bond with 22 years left to maturity is priced to offer a 6.4 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.1 percent. What would be the total return of the bond in dollars? (Assume interest payments are semiannual) (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Total return $ Total return (82.47) What would be the total return of the bond in percent? (Assume interest payments are semiannual.) (Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) (7.58) %