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A 4-year bond of Rs 1,000 has an annual rate of interest of 10%.The market price of the bond is Rs 880.57. Calculate the yield
A 4-year bond of Rs 1,000 has an annual rate of interest of 10%.The market price of the bond is Rs 880.57. Calculate the yield tomaturity if interest rate is paid :(a) yearly, (b) half yearly, (c)q 1 answer
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
