Question: Suppose a 1 0 - year, $ 1 , 0 0 0 bond with a 1 2 % coupon rate and semiannual coupons is trading
Suppose a year, $ bond with a coupon rate and semiannual coupons is trading for a price of $ Suppose a year, $ bond with a coupon rate and semiannual coupons
is trading for a price of $
a What is the bond's yield to maturity expressed as an APR with
semiannual compounding
b If the bond's yield to maturity changes to APR, what will the bond's
price be
a What is the bond's yield to maturity expressed as an APR with
semiannual compounding
The YTM is Round to two decimal places.
a What is the bond's yield to maturityexpressed as an APR with semiannual compounding
b If the bond's yield to maturity changes to APR what will the bond's price be
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