D debbie New member Joined Jun 21, 2009 Messages 1 Jun 21, 2009 #1 What is the current yield of a bond with a 6% coupon, four years until maturity, and a price of $750.00?
What is the current yield of a bond with a 6% coupon, four years until maturity, and a price of $750.00?
D Denis Senior Member Joined Feb 17, 2004 Messages 1,700 Jun 21, 2009 #2 Is this what you mean: (0)-750 (1)60 (2)60 (3)60 (4)1060 In other words, 750 paid for a bond from which 60 is received end of years 1 to 4, 1000 received end of year 4 ?
Is this what you mean: (0)-750 (1)60 (2)60 (3)60 (4)1060 In other words, 750 paid for a bond from which 60 is received end of years 1 to 4, 1000 received end of year 4 ?
tkhunny Moderator Staff member Joined Apr 12, 2005 Messages 11,325 Jun 23, 2009 #3 ...or maybe $30 every half year.