Question
Calcuate the price of a 3-year maturity, $100 par bond with a 5% coupon paid annually using the spot curve below. 1y spot = 2.224%
Calcuate the price of a 3-year maturity, $100 par bond with a 5% coupon paid annually using the spot curve below.
1y spot = 2.224%
2y spot = 5.196%
3y spot = 1.112%
| $98.671 | ||
| $113.541 | ||
| $103.936 | ||
| $110.983 |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
