You own a 10-year bond that pays 6 percent interest annually. The par value of the bond is $1,100. The bond has a coupon rate of 8 percent, which is paid semiannually. It matures in 7 years and has a par value of $1,000. What is your expected rate of return?

Citigroup issued bonds that pay a 5.5 percent coupon interest rate. The bonds mature in 5 years. They are selling for $1,076. What would be your expected rate of return (yield to maturity) if you brought the bonds? What would the current yield be?

Answer rating: 100% (QA)

1 Period 102 20 Coupon rate per period 82 4 1100 1000 ... View the full answer