I need number 12 solved. This is what question 10 says. (yield to maturity) Citi
ID: 2642701 • Letter: I
Question
I need number 12 solved.
This is what question 10 says.
(yield to maturity) Citigroup has outstanding an issue of $1,000.00 face value, 8.45% coupon bonds which mature in 16 years. Calculate the bond's yield to maturity if its current market price is. a. 800 b. 1,00 c. 1,150 d. 1,300
I NEED THE FOLLOWING QUESTION ANSWERED.
Assume you purchase one Citigroup bond of problem 10, hold it for 2 years, and sell it for $1,200.00. For each of the four purchase prices given, calculate your holding-period yield.
Explanation / Answer
Please provide Current market Price information