You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity

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You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity of 9%. (Assume a face value of $1,000 and semiannual coupon payments.) Six months later, the yield to maturity is 10%.

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What is your return over the 6 months?

Related Book For answer-question

Fundamentals of Investments Valuation and Management

ISBN: 978-0077283292

5th edition

Authors: Bradford D. Jordan, Thomas W. Miller

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Posted Date: Oct 08, 2018 12:23 AM

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You buy a 20-year bond with a coupon rate of 8% that has a yield to maturity

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Fundamentals of Investments Valuation and Management

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