Question
(58/2)[1-[1/[0.0615/2](17*2)/(0.615/2)]+1000/(1+[0.0615/2])(17*2) How do you calculate this to get an answer of $963.41? Value of fixed coupon bond with semi annual coupon payments. Annual coupon rate
(58/2)[1-[1/[0.0615/2](17*2)/(0.615/2)]+1000/(1+[0.0615/2])(17*2)
How do you calculate this to get an answer of $963.41?
Value of fixed coupon bond with semi annual coupon payments. Annual coupon rate of 5.8%, a face value of $1000, 17 years to maturity, and an annual discount rate of 6.15%.
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The Handbook Of Energy Trading
Authors: Stefano Fiorenzani, Samuele Ravelli, Enrico Edoli
1st Edition
1119953693, 978-1119953692
