Question
A bond has a 6% coupon rate, with a face value of 1,250 and pays coupons semi- annually. The bond has a maturity of 1.65
A bond has a 6% coupon rate, with a face value of 1,250 and pays coupons semi- annually. The bond has a maturity of 1.65 years. If the required yield is 7% what is the bond'sdirtyprice?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
