Question
A three-year bond has 3% coupon rate and face value of $1000. If the yield to maturity on the bond is 6%, calculate the price
A three-year bond has 3% coupon rate and face value of $1000. If the yield to maturity on the bond is 6%, calculate the price of the bond assuming that the bond makes semi-annual coupon interest payment.
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Project Finance in Theory and Practice
Authors: Stefano Gatti
2nd edition
978-9382291589, 123919460, 978-0124157538, 978-0123919465
