Business
Business, 25.11.2020 14:00, yesseniaroman21

Suppose you buy a bond for $1230 with an 11.3% coupon maturing in 7 years. Required:
a. Calculate the maturity.
b. What is the yield to maturity if the bond pays quarterly.
c. Explain why the yield to maturity is higher or lower than the coupon.

answer
Answers: 3

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Suppose you buy a bond for $1230 with an 11.3% coupon maturing in 7 years. Required:
a. Calcu...

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