regarding bond yeilds

This query is : Resolved 

10 March 2008 a bond has 10yrs until maturity,a coupon rate of 8% and sells for rs 1100/-. whtt is current yeild on the bond and whtt is YTM?

12 March 2008 cy = i/mp
= 1000* .08 = 80/1100
= 7.27%

ytm = i + (cmp-fv)10
---------------------
(cmp+fv)/2

80+ (1100+1000)/10
-------------------
(1100+1000)/2
= 8.57%


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query