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Answer without the use of excel You are considering the following AA-rated, semi-annual coupon bond issued by Mata Toys. a. Is the bond a discount
Answer without the use of excel
You are considering the following AA-rated, semi-annual coupon bond issued by Mata Toys. a. Is the bond a discount or premium bond? Explain. ( 2 marks) b. What is the current bond price? (2 marks) c. Calculate its current yield. ( 2 marks)Step by Step Solution
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