Question
A 15-year maturity bond with par value of $1,000 makes semiannual coupon payments at a coupon rate of 10%. The bond is selling at $930.
A 15-year maturity bond with par value of $1,000 makes semiannual coupon payments at a coupon rate of 10%. The bond is selling at $930. What are the bond equivalent yield and the effective annual yield of this bond ?
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Risk Management For Forex Trading Beginners Tips For Managing Risk In Forex Trading For Beginners
Authors: J.r. Bosanko
1st Edition
1542317657, 978-1542317658
