Question
A Rs.100 par value bond bearing a coupon rate of 12% will mature after 5 years. What is the value of the bond if the
A Rs.100 par value bond bearing a coupon rate of 12% will mature after 5 years. What is the value of the bond if the discount rate is 15%? (2Marks) (Solve without using financial calculator)
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
