Question
1)Suppose you have a 3.25% coupon bond with a ytm of 1.50 percent and a term-to-maturity of 3 years.The bond pays its coupon ANNUALLY (once
1)Suppose you have a 3.25% coupon bond with a ytm of 1.50 percent and a term-to-maturity of 3 years.The bond pays its coupon ANNUALLY (once per year) and has a face value of $1,000.What is this bond's price?What is its duration?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
