A 9% bond of Yash Ltd is available at a price of Rs 103. It has Face Value of Rs 100. It has 6 years to maturity and is callable after 3 years at Rs 104. Calculate the YTM of the bond, modified duration of the bond and Yield to call of the bond. Interpret the results of findings.?
A 9% bond of Yash Ltd is available at a price of Rs 103. It has Face Value of Rs 100. It has 6 years to maturity and is callable after 3 years at Rs 104. Calculate the YTM of the bond, modified duration of the bond and Yield to call of the bond. Interpret the results of findings.?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A 9% bond of Yash Ltd is available at a price of Rs 103. It has Face Value of Rs 100. It has 6 years to maturity and is callable after 3 years at Rs 104.
Calculate the YTM of the bond, modified duration of the bond and Yield to call of the bond. Interpret the results of findings.?
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