Question
A Japanese government bond with a $1,000 face value has a 2.07% annual coupon rate. The bond matures in 6 years. The current YTM on
A Japanese government bond with a $1,000 face value has a 2.07% annual coupon rate. The bond matures in 6 years. The current YTM on the bond is -0.4% . What is this bond worth? Round to the nearest cent.
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance
9th Edition
1133190197, 978-1133190196
