Question
Assume the current date is 23 July 2021. You wish to estimate the value of a 6.25% p.a. Australia Government Bond which matures on 15
Assume the current date is 23 July 2021. You wish to estimate the value of a 6.25% p.a. Australia Government Bond which matures on 15 April 2026. The bond is semi-annual with a Face Value of $100. If the current yield to maturity is 4.865% p.a. find the current price of the bond.
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
