FIN HW 2
A 10-year Circular File bond pays interest of $55 annually and sells for $984. What are its coupon rate and yield to maturity? (Do not round intermediate calculations. Round “Coupon rate” to 1 decimal place and “Yield to maturity” to 2 decimal places.)Coupon rate[removed] %Yield to maturity[removed] %A 5-year Circular File bond pays interest of […]
