Saturday, 17 November 2012

A 10-year Circular File bond pays interest of $70 annually and sells for $960. What are its coupon rate and yield to maturity?


A 10-year Circular File bond pays interest of $70 annually and sells for $960. What are its coupon rate and yield to maturity? (Do not round intermediate calculations. Round "Coupon rate" to 1 decimal place and "Yield to maturity" to 2 decimal places.)




  Coupon rate
%  
  Yield to maturity
%  



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