You buy a 4 year, $1,000 bond with a 6% coupon and a YTM of 8%. Immediately
Fantastic news! We've Found the answer you've been seeking!
Question:
You buy a 4 year, $1,000 bond with a 6% coupon and a YTM of 8%. Immediately after you buy the bond, market yields fall to 5%. What is your realized yield, if you hold the bond to maturity?
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0078115660
7th edition
Authors: Bradford Jordan, Thomas Miller
Posted Date: