Question
A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 2.3%. Time to maturity is 5 years and the current
A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 2.3%. Time to maturity is 5 years and the current yield to maturity is 5.6%. What percentage of this bond's value comes from coupon payments?
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Introduction to Operations Research
Authors: Frederick S. Hillier, Gerald J. Lieberman
10th edition
978-0072535105, 72535105, 978-1259162985
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