Question
A bond is issued at a price of $1000 and pays a interest of $40 per year for the next 10 years. If the interest
A bond is issued at a price of $1000 and pays a interest of $40 per year for the next 10 years. If the interest rate in the market is 5.5% and the bond is redeemed for a price of $1000 then what is the price of the bond today
Question 3 options:
$985
$1115
$885
$1085
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Metaverse Nft And Cryptocurrencies Investing
Authors: Manuel Defi Robins
1st Edition
979-8413888537
