Question
A 6% German corporate bond is priced for settlement on 18 June 2015. The bond makes semi-annual coupon payments on 19 March and 19 September
A 6% German corporate bond is priced for settlement on 18 June 2015. The bond makes semi-annual coupon payments on 19 March and 19 September each year and matures on 19 September 2026. If you require a 6% YTM, how much will you pay for this bond?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Arshad Ahmad, Jordan Fortino
6th Canadian edition
1259453146, 978-1259453144
