标题: Reinvestment coupon income question [打印本页] 作者: franzino 时间: 2011-7-11 18:40 标题: Reinvestment coupon income question
Question #110 Schweser Exam 1 - Afternoon Session
A 3-year, 6% coupon, semi-annual-pay note has a yield to maturity of 5.5%. If an investor holds this note to maturity and earns a 4.5% return on reinvested coupon income, his realized yield on the note is closest to:
A. 5.46%
B. 5.57%
C. 5.68%
This questions is killing me, and Schweser gives a lame explanation. Can some please help me out with this.
Thank You
-Simon作者: siavosh 时间: 2011-7-11 18:40
What is the actual calculation to get to the answer?
