P pee_U_10 New member Joined Mar 29, 2009 Messages 4 Mar 29, 2009 #1 A 12 year, 8.5% annual coupon bond has a yield to maturity of 9.5% and a par value of $1000. What is the bond's current yield? This is alot like the other question that I posted, I am stuck on how to do this with out the PV.
A 12 year, 8.5% annual coupon bond has a yield to maturity of 9.5% and a par value of $1000. What is the bond's current yield? This is alot like the other question that I posted, I am stuck on how to do this with out the PV.
tkhunny Moderator Staff member Joined Apr 12, 2005 Messages 11,325 Apr 10, 2009 #2 Don't you have to know WHEN?
mmm4444bot Super Moderator Joined Oct 6, 2005 Messages 10,958 Apr 10, 2009 #3 www.askmehelpdesk.com/finance-accounting/bonds-current-yield-335006.html+A+12+year,+8.5%25+annual+coupon+bond+has+a+yield+to+maturity+of+9.5%25+and+a+par+value+of+%241000.+What+is+the+bond%27s+current+yield&cd=1&hl=en&ct=clnk&gl=us]DUPLICATE POST[/url]
www.askmehelpdesk.com/finance-accounting/bonds-current-yield-335006.html+A+12+year,+8.5%25+annual+coupon+bond+has+a+yield+to+maturity+of+9.5%25+and+a+par+value+of+%241000.+What+is+the+bond%27s+current+yield&cd=1&hl=en&ct=clnk&gl=us]DUPLICATE POST[/url]
