Question
A 25-year, $1,000 par value bond has an 8.5% semi-annual payment coupon. The bond currently sells for $825. If the yield to maturity remains at
A 25-year, $1,000 par value bond has an 8.5% semi-annual payment coupon. The bond currently sells for $825. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
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Finance And Economics Discussion Series Is Learning By Exporting Important Micro Dynamic Evidence From Colombia Mexico And Morocco
Authors: United States Federal Reserve Board , Sofronis Clerides
1st Edition
1288722362, 9781288722365
