Business
Business, 25.01.2020 02:31, matt2167

Suppose you bought a 15-year $1,000 face-value bond for $945 one year ago. the annual coupon rate is 7% and interest payments are paid annually. if the price today is $995, the yield to maturity must have changed from to
a. 8.12%; 6.94%
b. 7.12%; 8.11%
c. 7.63%; 7.06%
d. 9.11%; 9.35%
e. none of the above

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Answers: 2

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Suppose you bought a 15-year $1,000 face-value bond for $945 one year ago. the annual coupon rate is...

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