Question
A bond has an annual coupon of 8.4%, a term to maturity of 7 years, a par value of $1,000. Yields or comparable market rates
A bond has an annual coupon of 8.4%, a term to maturity of 7 years, a par value of $1,000. Yields or comparable market rates for this bond are 7.8%. Based on this information: What is the value or price of the bond? Show 2 decimals, for example: $999.99.
A zero coupon bond has a term to maturity of 11 years, a par value of $1,000. Yields or comparable market rates for this bond are 7.8%. Based on this information what is the value or price of the bond ? Show 2 decimals, for example: $999.99.
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Deflation Current And Historical Perspectives
Authors: Richard C. K. Burdekin, Pierre L. Siklos
1st Edition
0521837995,0511227671
