Assume you buy a 12-year 1000 par value zero-coupon bond
Assume you buy a 12-year, $1,000 par value zero-coupon bond that provides a 10 percent yield. Almost immediately after you buy the bond, yields go down to 8 percent. What will be your gain on the investment?
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66 coupon ratehowdoesabondissuerdecideontheappropriatecoupon
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assume you buy a 12-year 1000 par value zero-coupon bond that provides a 10 percent yield almost immediately after you
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