Question: Please show me how to solve the differences in these 2 problems thank you. A bond with a par value of $1,000 and a coupon
Please show me how to solve the differences in these 2 problems thank you.
A bond with a par value of $1,000 and a coupon rate of 8% (semiannual coupon) has a current yield of 7%. What is its yield to maturity? The bond has 8 years to maturity
| 6.08% 5.75% 5.19% 6.19% 5.67% |
A bond with a par value of $1,000.00 and an annual coupon has a yield to maturity of 5.20% and a current price of $995.00. If the bond has 17 years to maturity, what is its current yield? 6.61% 5.18% 6.54% 6.64% 6.06%
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