2024 – Trevor Price bought 10 year bonds issued by Harvest Foods five years ago for 936 05 The bonds
Trevor Price Bought 10-year Bonds Issued By Harvest Foods Five Years Ago For $936.05. The Bonds Make Semiannual Coupon Payments At A Rate Of 8.4 Percent. If The Current Price Of The Bonds Is $1,048.77, What Is The Yield That Trevor Would Earn By Selling T – 2024
Trevor Price bought 10-year bonds issued by Harvest Foods five years ago for $936.05. The bonds make semiannual coupon payments at a rate of 8.4 percent. If the current price of the bonds is $1,048.77, what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)
| Effective annual yield |
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