Question: A two - year bond with par value $ 1 , 0 0 0 making annual coupon payments of $ 1 1 0 is priced
A twoyear bond with par value $ making annual coupon payments of $ is priced at $
Required:
a What is the yield to maturity of the bond?
Note: Round your answer to decimal place.
b What will be the realized compound yield to maturity if the Joyeyear interest rate next year turns out to be abc
Note: Do not round intermediate calculations. Round your answers to decimal places.
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