Question
a 30 year 1000 par value bond pays coupons semiannually at a rate of x% compounded semiannually. the bond is priced at 948.19 to yield
a 30 year 1000 par value bond pays coupons semiannually at a rate of x% compounded semiannually. the bond is priced at 948.19 to yield a nominal rate of 8% convertible semiannually.
if the bond is redeemed at maturity for 1050, then find x
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Linear Algebra and Its Applications
Authors: David C. Lay
4th edition
321791541, 978-0321388834, 978-0321791542
