Chapter 12 - Prices and Yields
199 In the price-yield curve the caption should read:

Price Yield Curve on a 4 year 6% semi-annual coupon bond.

In addition, the points, though properly labeled look a little skewed from the axis. So the 20%, 62.656 point looks to be aligned with the 19% rather than the 20% mark on the axis. Also there should be no $ signs on the price axis.

200 In the calculation of Current or Income Yield both the yield in the numerator and the price in the denominator are % of face value. Thus the equation should read either:

    6.00      = 0.054237 = 5.42%      OR          6.00%      = 0.054237 = 5.42%
110.6250 110.6250%