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Base your answer on the following information about a corporate bond. settlement 1/16/2020 maturity 1/16/2030 coupon rate 3% bond price $90 redemption value $100 interest
Base your answer on the following information about a corporate bond.
| settlement | 1/16/2020 | |
| maturity | 1/16/2030 | |
| coupon rate | 3% | |
| bond price | $90 | |
| redemption value | $100 | |
| interest payment frequency per year | 2 | |
| bond basis | 0 | |
The yield to maturity on this bond in between 4.23% and 4.24%
True
False
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The Handbook Of Financial Modeling
Authors: Jack Avon
1st Edition
1430262052, 978-1430262053
