Sun 14 Nov, 2010 03:39 pm - Even I think so.Bcoz If I treat this as a simple annuity where you are just paid back 1000 for 2 years. The YTM comes out to be some 11%. I wud have easily ignored my prof's solution but what... (view)
Fri 12 Nov, 2010 04:23 pm - Its a questions from Mishkin/Earkin's Fianncial Markets & inst. and ques is from the Bonds' chapter and goes like word to word.A 2-year $1,000 par zero-coupon bond is currently priced... (view)