Question
A bond with exactly 15 years until maturity paid its semiannual coupon yesterday. The annual coupon rate is 6.12% and the bond price today is
A bond with exactly 15 years until maturity paid its semiannual coupon yesterday. The annual coupon rate is 6.12% and the bond price today is $1,116 . Suppose that the yield-to-maturity remains constant. Immediately after receiving the coupon in 6 months find the capital gain or loss that the bond will generate.
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R In Finance And Economics A Beginners Guide
Authors: Abhay Kumar Singh, David Edmund Allen
1st Edition
9813144467, 978-9813144460
