trinidydavis
03.08.2020 •
Business
Bare trees United issued 20 year bonds 3 years ago at a coupon rate of 8.5 percent. The bondsmake semiannual payments. If these bonds currently sell for 91.4 percent of par value, what is the YTM?
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Ответ:
The YTM is 9.47 %.
Explanation:
Bond Prices in most countries are expressed per $100 nominal. We will use this Nominal to calculate the Yield to Maturity (YTM) of this bond as follows :
Pv = $91.40
n = 20 × 2 = 40
Pmt = ($100 × 8.50 %) ÷ 2 = -$4.25
P/yr = 2
FV = -$100
YTM = ?
Using a Financial Calculator, the YTM is 9.4660 or 9.47 %
Ответ:
No
Step-by-step explanation: While he is partly correct, it is not impossible. The odds are 1 in 6, but just because he already rolled it once, doesn’t mean he cannot do it again.