Question
A 2-year $1000 face value bond pays an annual coupon of 3.5% and has a ytm of 5%.What is this bond's price?What is this bond's
A 2-year $1000 face value bond pays an annual coupon of 3.5% and has a ytm of 5%.What is this bond's price?What is this bond's duration (to 2 decimal places)?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
