Question: Pha bought Bond A one year ago when the YTM was 7.5% Currently the bond has a price of $822 and has 10 years remaining
Pha bought Bond A one year ago when the YTM was 7.5% Currently the bond has a price of $822 and has 10 years remaining to maturity with a 9% coupon rate. What do you know about Phil's bond rate of retum over the last year compared to the current yield on the bond today? Phis rate of return * current vield Phirs mate of ieturn * cument vield Phers rate of refurn * current yield
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