A 10-year Circular File bond pays interest of $70 annually and sells for $960. What are...

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A 10-year Circular File bond pays interest of $70 annually and sells for $960. What are its coupon rate and yield to maturity

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Answer 1

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Coupon Rate 11 Annual Interest/Face Value 70/1000 11 11 0.07 11 7.0% =RATE(C12,014,-C18,016) с D 10 years to maturity coupon rate price 7.00% $ 960.00 $1,000.00 facevalue Annually: COUPON RATE 7

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