A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%.
A 25-year maturity bond with face value of $1,000 makes semiannual coupon payments and has a coupon rate of 8%. (please round answers to 3 decimal places) a.What is the bond’s yield to maturity if the bond is selling for $1,050? Enter annual yield to maturity as your answer. Annual yield to maturity % b.What is the bond’s yield to maturity if the bond is selling for $1,000? Enter annual yield to […]
