Question
Bond valuation A $1000 par bond with an annual coupon has only one year until maturity. its current yield is 6.713%, and its yield to
Bond valuation
A $1000 par bond with an annual coupon has only one year until maturity. its current yield is 6.713%, and its yield to maturity is 10%. what is the price of the bond?
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
