[Answered] Find the current yield of a bond whose coupon rate is listed as 7.375 and currently selling at a ...

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Author Question: Find the current yield of a bond whose coupon rate is listed as 7.375 and currently selling at a ... (Read 171 times)

APUS57

Hero Member
Posts: 571

on: Jun 24, 2018

Find the current yield of a bond whose coupon rate is listed as 7.375 and currently selling at a discount of 99.875. (Round to the nearest tenth percent)

Question 2

The ___________________ _ the number of compounding periods per year, the higher the interest earned on the investment.
Fill in the blank(s) with correct word

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SomethingSomething

Sr. Member
Posts: 323

Reply #1 on: Jun 24, 2018

Answer to Question 1

7.4

Answer to Question 2

greater

APUS57

Hero Member
Posts: 571

Reply #2 on: Jun 24, 2018

Thank you

SomethingSomething

Sr. Member
Posts: 323

Reply #3 on: Jun 24, 2018

No problemo

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