Mathematics, 12.08.2019 19:20 lazavionadams81
Acoupon bond with a face value of $1200 that pays an annual coupon of $100 has a coupon rate equal to nothing%. (round your response to the nearest whole number) what is the approximate (closest whole number) yield to maturity on a coupon bond that matures one year from today, has a par value of $1010, pays an annual coupon of $70, and whose price today is $1019.50?
a. 6%
b. 4%
c. 5%
d. 8%
e. 7%
if the yield to maturity on a bond exceeds its coupon rate, the price of the bond will be
above
equal
below
its face value.
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Acoupon bond with a face value of $1200 that pays an annual coupon of $100 has a coupon rate equal t...
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