This is the average annual rate earned on the bond based on the asked price ( this concept of yield to maturity is discussed in section 2.3). ... As shown, the information provided includes the bonda#39;s coupon rate, maturity, current yield, and price data. For example, the 634 and 04 information on the American Telephone and Telegraph (ATaamp;T) bond indicates an annual ... MEASURES The Arnancial markets serve as conduits through which funds are distributed from borrowers to lenders.
|Title||:||Bond Evaluation, Selection, and Management|
|Author||:||R. Stafford Johnson|
|Publisher||:||John Wiley & Sons - 2009-02-09|