McDonalds 5 year 2.625% coupon bond is trading at 102.7. What is this bonds yield to maturity?

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McDonald’s 5 year 2.625% coupon bond is trading at 102.7. What is this bond’s yield to maturity? McDonald’s common stock has a dividend yield of 2.81%. Why is its dividend yield higher than its 5 year bond yield?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0078115660

7th edition

Authors: Bradford Jordan, Thomas Miller

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Posted Date: May 25, 2018 07:54 AM

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McDonalds 5 year 2.625% coupon bond is trading at 102.7. What is this bonds yield to maturity?

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YTM of bond 2625 10010275 100... View the full answer

Fundamentals of Investments Valuation and Management

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