Question
A bond with a face value of $1,000 has an 9.29 percent coupon and pays interest semiannually.The current yield is 7.77 percent.What is the price
A bond with a face value of $1,000 has an 9.29 percent coupon and pays interest semiannually.The current yield is 7.77 percent.What is the price of the bond?
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
