Consider the following annual coupon bond with a face value of $1,000, a price of...
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Finance
Consider the following annual coupon bond with a face value of $1,000, a price of $986.24, a coupon rate of 5.9% and a maturity of 30 years. Right after you purchase the bond, market interest ates change to 12% and remain constant for the next ten years. What would be your realized yield to maturity if you sold the bond after 10 years?
Could you solve it with a formula instead of an excel table?
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You can see the logs in the Dashboard.