ĮM12]: Answer the current yield on a three-year bond whose face value is $1,000 with a coupon rate of 6% per year and a price of $900? Your answer should be in percentages and rounded to two decimal places, and don't put the symbol of %. Eg. If your answer is 34.45678%, fill in 34.47. [M13]: Answer the (theoretical) bond price whose maturity is three years with interest rate of 10% per year and face value is $1,000 with a coupon rate of 6% per year. Your answer should be rounded to natural number, and don't put the symbol of S. Eg. If your answer is $34.567, fill in 35.

ĮM12]: Answer the current yield on a three-year bond whose face value is $1,000 with a coupon rate of 6% per year and a price of $900? Your answer should be in percentages and rounded to two decimal places, and don't put the symbol of %. Eg. If your answer is 34.45678%, fill in 34.47. [M13]: Answer the (theoretical) bond price whose maturity is three years with interest rate of 10% per year and face value is $1,000 with a coupon rate of 6% per year. Your answer should be rounded to natural number, and don't put the symbol of S. Eg. If your answer is $34.567, fill in 35.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 6DTM

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