Question
A bond has a coupon rate of 7.5%, pays semi-annual coupons, has a yield to maturity of 9.6% and has 6 years to maturity. What
A bond has a coupon rate of 7.5%, pays semi-annual coupons, has a yield to maturity of 9.6% and has 6 years to maturity. What is the current bond price?
Select one:
a. $946.36
b. $593.47
c. $1,242.03
d. $905.88
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The Handbook Of Credit Portfolio Management
Authors: Greg Gregoriou, Christian Hoppe
1st Edition
0071598340, 978-0071598347
