|
A bond has 16 years until
maturity, a coupon rate of 6.8%, and sells for $1,106.
|
|
a.
|
What is the current yield on the
bond? (Round your answer to 2 decimal places.)
|
|
Current yield
|
6.15
 % |
|
b.
|
What is the yield to maturity? (Do not round intermediate calculations. Round your answer
to 2 decimal places.)
|
|
Yield to maturity
|
5.77
% |
No comments:
Post a Comment