Question
A bond has a coupon rate of 10.6 percent and 3 years until maturity. If the yield to maturity is 9.9 percent, what is the
A bond has a coupon rate of 10.6 percent and 3 years until maturity. If the yield to maturity is 9.9 percent, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
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The Emerging Markets Handbook
Authors: Pran Tiku
1st Edition
0857192981, 978-0857192981
