Question

Question 27 1 pts
Consider the bond (newly issued, issued on Nov 2013) for a country A:

Face value $10 million

Coupon rate 4.3%


If this bond is purchased (in April 2014) at $7 million, instead of $10 million, the yield would be:

Group of answer choices

4.5%

6.3%

None of the above

About 7%​

Answer 1

Thanks for the points