Assume a 10000 bond with a coupon rate of 45 and 5 years
Assume a $10,000 bond with a coupon rate of 4.5 % and 5 years to maturity is priced at $9,800.
(a) What is its approximate YTM?
(b) What is the investor's rate of return?
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assume a 10000 bond with a coupon rate of 45 and 5 years to maturity is priced at 9800a what is its approximate
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