Problema bond has the following trading data coupon rate 7, Ask an Expert

Finance

Problem:

A bond has the following trading data: Coupon rate = 7 1/4%; Current price = 107.78125% of par; Maturity = 2 years. Bonds such this pay interest semiannually.

Required:

Question: Calculate the yield-to-maturity (YTM) on this bond.

Note: Please provide reasons to support your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148919

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