Question
A Ford Motor Co. coupon bond has a coupon rate of 6.85%, and pays annual coupons. The next coupon is due tomorrow and the bond
A Ford Motor Co. coupon bond has a coupon rate of 6.85%, and pays annual coupons. The next coupon is due tomorrow and the bond matures 28 years from tomorrow. The yield on the bond issue is 6.15%. At what price should this bond trade today, assuming a face value of $1,000?
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
