A zero coupon bond with a face value of $1,000 and a maturity of five years sells
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Question:
A zero coupon bond with a face value of $1,000 and a maturity of five years sells for $746.22. |
a. | What is your yield to maturity? |
Yield to Maturity | % |
b. | What will be the yield to maturity if the price falls to $730? |
Yield to Maturity | % |
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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