a. Calculate the Yield-to-Maturity on a 8 year, 9 percent semi-annual coupon, $1,000 par value bond that sells for $921.11 What is the YTM if that bond now sells for $1,157.67?
b. What is the total return, the current yield, and capital gains yield for the DISCOUNT bond (i.e. $921.11)? (Assume the bond is held to maturity and the company does not default on the bond).© BrainMass Inc. brainmass.com March 21, 2019, 10:05 pm ad1c9bdddf
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a. Calculate the ...
The problem set deals with calculating the Yield to maturity, total return, current yield, and capital gains yield from selected information.