Question
Bond prices. Price the bonds from the following table with quarterly coupon payments: Hint: Make sure to round all intermediate calculations to at least seven
Bond prices. Price the bonds from the following table with quarterly coupon payments:
Hint: Make sure to round all intermediate calculations to at least seven decimal places.
a. Find the price for the bond in the following table:
| Par Value | Coupon Rate | Years to Maturity | Yield to Maturity | Price |
| 5000 | 8% | 15 | 7% | |
| 5000 | 10% | 5 | 10% | |
| 1000 | 5% | 30 | 12% | |
| 1000 | 9% | 15 | 11% |
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Enron And World Finance A Case Study In Ethics
Authors: P. Dembinski, C. Lager, A. Cornford, J. Bonvin
1st Edition
1403947635, 978-1403947635
