gtyler771 gtyler771

29-04-2024
Business

Answered

Which of the following $1,000 face-value securities has the highest yield to maturity (=market rate of return)?
A) Bond A with a current price of $950
B) Bond B with a current price of $1,050
C) Bond C with a current price of $1,000 and an annual coupon of $80
D) Bond D with a current price of $1,000 and an annual coupon of $60

Answer :

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