Chapter 6: Valuing Bonds - Baylor University
elapsed), but that the yield to maturity has fallen to 4% instead of remaining at 5%. What is the value, clean price, and dirty price of the bond? d. Assume that the bond matures 9 years and 8 months from today and that the clean price of the bond is $120. What is the yield to maturity on the bond? ................
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