Question
A bond with 18 years until maturity has a coupon rate of 7.4 percent and a yield to maturity of 7 percent. What is the
A bond with 18 years until maturity has a coupon rate of 7.4 percent and a yield to maturity of 7 percent. What is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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The Risk Modeling Evaluation Handbook Rethinking Financial Risk Management Methodologies In The Global Capital Markets
Authors: Greg Gregoriou, Christian Hoppe, Carsten Wehn
1st Edition
0071663703, 978-0071663700
