LORENA7007
Jan 30, 2006, 05:24 PM
:) A 2 year maturity bond with face value of $1,000 that makes annual coupon payments of $80 and is selling at face value. What will be the rate of return on the bond if its yield to marurity at the end of the year is
a. 6%
b. 8%
c. 10%
:)
a. 6%
b. 8%
c. 10%
:)