Find the current yield of a 5.65 percent, 8-year bond that's currently priced in the market at $853.75. Now, use a financial calculator to find the yield to maturity on this bond (use annual compounding).
What's the current yield and yield to maturity on this bond if it trades at $1,000? if it's priced at $750? Comment on your findings.
Find the current yield of a 5.65 percent, 8-year bond that's currently priced in the market at $853.75.
Now, use a financial calculator to find the yield to maturity on this bond.