Question
$1000bond has a coupon of 6 percent and matures after 10 years.What would be the bond's price if comparable debt yields 8%?(Assume annual payments.Hint: set
$1000bond has a coupon of 6 percent and matures after 10 years.What would be the bond's price if comparable debt yields 8%?(Assume annual payments.Hint: set up calculator to 1 P/YR).Type just the number, no commas, no symbols,to the nearest penny
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
