Description of this paper

A 8.8 percent coupon bond with 19 years left to maturity is priced to offer a 6.90

Description

solution


Question

A 8.8 percent coupon bond with 19 years left to maturity is priced to offer a 6.90 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.6 percent. what is the total return in $'s and %

 

Paper#29402 | Written in 18-Jul-2015

Price : $27
SiteLock