Asked by Allen
The following information was available as of the close of business June 1, 2004 on government of Canada bonds.
Coupon...Maturity.....Price.....Yield
5.00%......June 1, 2005......102.35......2.60
10.50%......June 1, 2006......113.91......3.26
8.50%......June 1, 2007.....107.41......3.39
Calculate the anticipated one-year interest rate for 2006 (up to June 2007). (Round your answer to 2 decimal places.)
Coupon...Maturity.....Price.....Yield
5.00%......June 1, 2005......102.35......2.60
10.50%......June 1, 2006......113.91......3.26
8.50%......June 1, 2007.....107.41......3.39
Calculate the anticipated one-year interest rate for 2006 (up to June 2007). (Round your answer to 2 decimal places.)
Answers
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.