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(Solved): A bond has a face value of 100, a coupon rate of 5% payable annually, a time to maturity of 2 yea ...



A bond has a face value of £100, a coupon rate of 5% payable annually, a time to maturity of 2 years, and a YTM of 6%. What i
A bond has a face value of £100, a coupon rate of 5% payable annually, a time to maturity of 2 years, and a YTM of 6%. What is the current yield? A 4.896 B 596 C 5.1% D 6.1%


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Face value of bond i.e. redeemable future value (FV) =£100 Years to maturity on bond (nper) = 2ye
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