Finance

profileswthny007

You buy a(n) 7.6% coupon, 6-year maturity bond for $979. A year later, the bond price is $1,144.

 

What is the new yield to maturity on the bond? What is your rate of return over the year?

    • 9 years ago
    • 3
    Answer(1)

    Purchase the answer to view it

    blurred-text
    NOT RATED
    Bids(0)