Question
calculate the price of a 5.2% coupon bond with 18 years left to maturity and a market rate of 4.6%. (Assume interest payments are semiannual.)
calculate the price of a 5.2% coupon bond with 18 years left to maturity and a market rate of 4.6%. (Assume interest payments are semiannual.) PLEASE HELP AS THE CALCULATIONS ARE NOT ADDING UP from previous answers. Please provide a detailed explanation so that I can understand if needed to explain. THANK YOU! Previous answers show 1072.91 but when I add up in calculator i get 1072.94 please help me understand thank you
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
