You buy a 4 year, $1,000 bond with a 6% coupon and a YTM of 8%. Immediately

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You buy a 4 year, $1,000 bond with a 6% coupon and a YTM of 8%. Immediately after you buy the bond, market yields fall to 5%. What is your realized yield, if you hold the bond to maturity?

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Fundamentals of Investments Valuation and Management

ISBN: 978-0078115660

7th edition

Authors: Bradford Jordan, Thomas Miller

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Posted Date: Mar 22, 2022 09:39 PM

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You buy a 4 year, $1,000 bond with a 6% coupon and a YTM of 8%. Immediately

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a Compute PV IY 8 100006 60 1000 PMT FV PV 93376 b After you pur... View the full answer

Fundamentals of Investments Valuation and Management

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