Question
A bond with a 12 percent quarterly coupon rate has a yield to maturity of 15 percent. The bond has a par value of $1,000
A bond with a 12 percent quarterly coupon rate has a yield to maturity of 15 percent. The bond has a par value of $1,000 and matures in 20 years. Based on this information, a fair price of this bond is $
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The Routledge Handbook Of State Owned Enterprises
Authors: Luc Bernier, Massimo Florio, Philippe Bance
1st Edition
1138487694, 978-1138487697
