Question
A 20 year , $1,000 par value bond has a 7% annual payment coupon. The bond currently sells for $860. If the yield to maturity
A 20 year , $1,000 par value bond has a 7% annual payment coupon. The bond currently sells for $860. If the yield to maturity remains at the current rate, what will the price be 10 years from now. Please round your answer 2 decimal places.
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
