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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:

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:
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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:

User Zdrsh
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6 votes
501 is the true answer
User Jay Teli
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