Question
Assume you buy a newly issued 2% semi-annual par bond due in exactly 10 years on January 1st, and sell it 3 months later at
Assume you buy a newly issued 2% semi-annual par bond due in exactly 10 years on January 1st, and sell it 3 months later at 100. What is the approximate FULL price you will receive? What is this concept called?
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Islamic FinanceA Practical Perspective
Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam
1st Edition
3319665588, 9783319665580
