Question
An annual bond is priced at $942.30 matures in 13 years and yields 8.5%. What is the coupon rate of this bond? An 8% annual
An annual bond is priced at $942.30 matures in 13 years and yields 8.5%. What is the coupon rate of this bond?
An 8% annual coupon bond has 16 years left to maturity and a YTM of 7%. To the nearest dollar, what is the current price of the bond?
Show your work for both parts of the question.
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Python For Finance
Authors: Yves Hilpisch
2nd Edition
1492024333, 978-1492024330
