with a 476 Coupon rate for $4,730. JpəA uə1 e pəseuɔund asní sn alculate the yield rate that he will earn (nominal, semi-annual). Express your answer as a percent to 2 decimal places but don't include the % sign. Your Answer:

with a 476 Coupon rate for $4,730. JpəA uə1 e pəseuɔund asní sn alculate the yield rate that he will earn (nominal, semi-annual). Express your answer as a percent to 2 decimal places but don't include the % sign. Your Answer:

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter6: Fixed-income Securities: Characteristics And Valuation

Section: Chapter Questions

Problem 8P

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Question

Cyrus just purchased a ten year, $5,000 bond with a 4% coupon rate for $4,930.
Calculate the yield rate that he will earn (nominal, semi-annual).
Express your answer as a percent to 2 decimal places but don't include the % sign.
Your Answer:
8.
11
Answer

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