November 25, 2015

Homework Help: Finance

Posted by Antoinette on Monday, March 19, 2007 at 6:04pm.

Bond Yields.
An AT&T bond has 10 years until maturity, a coupon rate of 8 percent, and sells for $1,100.
a. What is the current yield on the bond?
b. What is the yield to maturity?

I believe you are missing something; either the market rate of return or the face value of the bond.

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