
- UID
- 223269
- 帖子
- 210
- 主题
- 94
- 注册时间
- 2011-7-11
- 最后登录
- 2013-9-26
|
Reinvestment coupon income question
Question #110 Schweser Exam 1 Afternoon Session
A 3year, 6% coupon, semiannualpay 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 |
|