Q. A 30-year maturity bond with face value of $1000 makes semiannual coupon payments and has a
Fantastic news! We've Found the answer you've been seeking!
Question:
Q. A 30-year maturity bond with face value of $1000 makes semiannual coupon payments and has a coupon rate of 8%. What is the bond's yield to maturity if the bond is selling for:
a. $900?
b.$1000?
c.$1100?
Q.What is difference if this coupon is annual coupon payment?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Posted Date: