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Maslowich
3 years ago
9

you buy a 20-year bond with a coupon rate of 9.8% that has a yield to maturity of 10.8%. (Assume a face value of $1,000 and semi

annual coupon payments.) Six months later, the yield to maturity is 11.8%. What is your return over the 6 months? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Negative amount should be indicated by a minus sign.)
Business
1 answer:
riadik2000 [5.3K]3 years ago
3 0

Answer:

5.25

Explanation:

So basically, after doing all the addition of the percentage seperateley and the calculations i divided my amount and got 5.25. Hope this helps!

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Please find the information needed to answer this question in the attached image

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