Question
Alterra issued a bond with the following characteristics: maturity: 18 years, coupon rate: 5.71% (paid semi-annually), face value: $1000. You know the yield to maturity
Alterra issued a bond with the following characteristics: maturity: 18 years, coupon rate: 5.71% (paid semi-annually), face value: $1000. You know the yield to maturity on this bond is 6.31%. What should be the price of this bond?
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The Handbook Of Mergers And Acquisitions
Authors: David Faulkner, Satu Teerikangas, Richard J. Joseph
1st Edition
0199601461, 978-0199601462
