You buy a $100 face value US 8, 30 year bond today at a price of $90.
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Question:
You buy a $100 face value US 8, 30 year bond today at a price of $90.
a) What is the YTM on the bond?
b) What would be the 1- yr ROI(Return on Investment) on the bond if you sold it at the end of 1 year at the ytm calculated in part did not change?
Related Book For
Stats Data and Models
ISBN: 978-0321986498
4th edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock
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