Question
A 5% perpetuity bond has a prince of $980 its YTM=5.10%. Suppose you are holding the bond to partially offset an obligation in 11 years.
A 5% perpetuity bond has a prince of $980 its YTM=5.10%. Suppose you are holding the bond to partially offset an obligation in 11 years. How much will you have from holding this bond and selling it in 11 years?
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Public Sector Accounting And Auditing In EuropeThe Challenge Of Harmonization
Authors: I. Brusca, E. Caperchione, S. Cohen, F Manes Rossi
3rd Edition
1137461330, 9781137461339
