asked 72.1k views
0 votes
A bond is selling for 101. it matures in 3 months and pays a coupon of 2 at maturity (in addition to the face of 100). the effective annual yield is closest to:

asked
User Zdrsh
by
7.8k points

1 Answer

6 votes
501 is the true answer
answered
User Jay Teli
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.