Question: Will give u a like/ thumbs up for sure! Thank you so much! Friendly request and reminder:- pls answer all parts as I don't want
Will give u a like/ thumbs up for sure! Thank you so much!
Friendly request and reminder:- pls answer all parts as I don't want to waste the uploaded question. If u can't or don't want to answer all parts - pls don't answer {which further results in a dislike and bad comment :( }
Question -
G)
1. If a lender charges an interest rate of 1.6% per quarter, what rate must they quote on this lending arrangement?
F)
2. A bond with 25 years to maturity currently sells for $808.25. If the bond pays a 4.5% coupon annually, what is its YTM? Hint: The correct answer rounds to either .00 or .50.
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