A company wishes to issue a 10 year fixed coupon bond with a face value of $1000
Fantastic news! We've Found the answer you've been seeking!
Question:
A company wishes to issue a 10 year fixed coupon bond with a face value of $1000 and a coupon rate of 6% pa, paid semi-annually.
If the bond offers a yield of 8% pa compounding semi-annually, what will be the bond's price?
Posted Date: