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Category > Business & Finance Posted 02 Aug 2017 My Price 11.00

Josh Kavern bought 10-year,

Josh Kavern bought 10-year, 12 percent coupon bonds issued by the U.S. Treasury three years ago at $913.44. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $804.59, what is his realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments.

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Status NEW Posted 02 Aug 2017 08:08 PM My Price 11.00

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