Question
A bond issued with a face value of $1,000 pays a 6% coupon rate semiannually. It matures in four years.Current market interest is 7.5%What is
A bond issued with a face value of $1,000 pays a 6% coupon rate semiannually. It matures in four years.Current market interest is 7.5%What is the price?
can you also walk me through setting up the number with a semi annually pay like is PMT divided by 2 and N value divided by 2 or what
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Study Guide To Accompany Fundamentals Of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
5th Edition
9780073012421
