Question
A bond has a coupon rate of 12 percent, 30 years to maturity, makes semi-annual interest payments, and has an annual yield-to-maturity (YTM) of 8
A bond has a coupon rate of 12 percent, 30 years to maturity, makes semi-annual interest payments, and has an annual yield-to-maturity (YTM) of 8 percent. The par value of the bond is $1,000. What is the price of this bond?
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Financial Whirlpools A Systems Story Of The Great Global Recession
Authors: Karen L. Higgins
1st Edition
0124059058,012405921X
