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1. What is the value of a 3-year Bond that pays 8% annual coupon semi-annually, if the Bond's yield is 9% with continuous compunding? Years:
1. What is the value of a 3-year Bond that pays 8% annual coupon semi-annually, if the Bond's yield is 9% with continuous compunding? | ||||||||||
Years: | 0.5 | 1 | 1.5 | 2 | 2.5 | 3 | ||||
Cash Flows: | TOTAL VALUE | |||||||||
Discounted Cash Flows: | ||||||||||
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