Question
A ten year 100 par bond pays 8% coupons semi-annually. The bond is priced at 118.20 to yield an annual nominal rate of 6% convertible
A ten year 100 par bond pays 8% coupons semi-annually. The bond is priced at 118.20 to yield an annual nominal rate of 6% convertible semi-annually. Calculate the redemption value of the bond. Show all work
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Recent Advances And Applications In Alternative Investments
Authors: Constantin Zopounidis, Dimitris Kenourgios ,George Dotsis
1st Edition
1799824365,179982439X
