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A bond matures in 8 years, has a coupon rate of 9% and has a YTM of 12%. What is the present value of the
A bond matures in 8 years, has a coupon rate of 9% and has a YTM of 12%.
What is the present value of the bond's coupon payments?
Round your answer to 2 decimals places, for example $100.12
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
