Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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A Treasury bond that settles on August 10, 2019, matures on July 19,
2026. The coupon rate is 6.6 percent and the quoted price is 115 7/32.
What is the bond's yield to maturity? (Do not round intermediate
calculations. Enter your answer as a percent rounded to 2 decimal
places.)
1
Yield to maturity
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Transcribed Image Text:A Treasury bond that settles on August 10, 2019, matures on July 19, 2026. The coupon rate is 6.6 percent and the quoted price is 115 7/32. What is the bond's yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) 1 Yield to maturity
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