Question
Assume that a long term government bond has 6 years left to maturity. The bond pays 7% coupon payments per semi-annum and yield to maturity
Assume that a long term government bond has 6 years left to maturity. The bond pays 7% coupon payments per semi-annum and yield to maturity is set as 10%. What should be the value of this bond today?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakin
7th Global Edition
0273754440, 9780273754442
