Question
A 1000 par bond with 6.5% semiannual coupons is priced to yield 5.8% convertible semiannually. If the amount of the premium amortized in the 4th
A 1000 par bond with 6.5% semiannual coupons is priced to yield 5.8% convertible semiannually. If the amount of the premium amortized in the 4th period is 2.12, how much of the premium is amortized in the 9th period?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
