(SOLVED) 5.5% coupon, paid semi-annually) will mature on April 15, 2026.
Discipline: Finance
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 1-2)
Paper Format: APA
Pages: 1
Words: 100
Question
FINANCIAL MATHEMATICS
5.5% coupon, paid semi-annually) will mature on April 15, 2026.
If the bond
price is 101 on April 15, 2022, what is the approximate YTM?
