Question
A $100 bond with semi-annual coupons, redeemable for $105 in 12 years, is purchased to yield 4% compounded semi-annually. If the amount for amortization of
A $100 bond with semi-annual coupons, redeemable for $105 in 12 years, is purchased to yield 4% compounded semi-annually. If the amount for amortization of premium in the first coupon is $0.60, what is the book value just after the 8th coupon is due?
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Top Actuel Fiscalité 2022-2023
Authors: Daniel Freiss,Brigitte Monnet
1st Edition
2017182176,2017879282
