Answer:
current yield of bond = 5.90%
The coupon rate = 6.00%
Explanation:
Given :
Years to maturity = 3.5 years
Face value = 1000
Bond selling price = $1016.36
Yield to maturity = 5.48% with interest compounded semiannually
Using a financial calculator :
The current yield of bond = 5.90%
The coupon rate = 6.00%
English belongs to the Germanic language family, along with German, Scandinavian languages, etc.
Answer:
im sorry buddy but if you dont get it then you will have to re read that extract from the book sorry
Explanation:
Answer:
huh
Explanation:
we don't know what are you talking about