Question
A 11-year coupon bond has a face value of $1000. The coupon rate is 7%, and coupon payments are made semiannually. If the yield is
A 11-year coupon bond has a face value of $1000. The coupon rate is 7%, and coupon payments are made semiannually. If the yield is 6% compounded semiannually, what is the price of the bond. Answer should be to two decimal places and based on the $1000 face.
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The Psychology Of Trading Tools And Techniques For Minding The Markets
Authors: Brett N. Steenbarger
1st Edition
0471267619, 9780471267614
