An investor buys a 30-year zero coupon bond with a face value of $5,000 and a yield
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An investor buys a 30-year zero coupon bond with a face value of $5,000 and a yield to maturity of 5.4%. Sell this bond ten years later. What is the rate of return on your investment, assuming the yield to maturity does not change?
Related Book For
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
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