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Posted by: Annie kavitha
Price Quoted by Student: $1.5
Posted On: 2011-04-27 01:01:41
 
Question

A bond with 2 years to maturity is priced today at $900. The bond's coupon rate is 8%, and its par value is $1,000. What is the bond's yield to maturity?


Solutions
Nper = 2 Rate = 80 FV
Price $1.5
Attachment 1: A bond with 2 years to maturity is priced today at $900.xls
Solution Posted By: Annie kavitha    Posted on: 27-04-2011