21.A company issues a ten-year bond at par with a coupon rate of 6.1% paid semi-annually. The YTM at the beginning of the third year
21.A company issues a ten-year bond at par with a coupon rate of 6.1% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.7%. What is the new price of the bond?
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Authors: Thomas Ittelson
1st Edition
1632652072, 978-1632652072
