What is the yield trevor earned by selling the bond
Assignment:
Trevor bought a 10 year bond five years ago for 968.30. The bonds makes semi annual coupons
Payments at a rate of 8.4%. If the current price is 1012.45 what is the yield that Trevor would have earned by selling the bond today?
Now Priced at $20 (50% Discount)
Recommended (94%)
Rated (4.6/5)
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