Problemyou have the following bond par value 10000 coupon, Ask an Expert

Finance

Problem:

You have the following bond: Par value = 10,000, Coupon is 12%, semi-annually compounded, 20 year maturity, Nominal Market rate of interest is 11.25%.

Required:

Question: What is the periodic current yield of the bond in Period 20 (20 periods to maturity).

Note: Please provide reasons to support your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91163119

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