Question
Calculate the price of a zero coupon bond with yield to maturity of 8.75%, a face value of $1000, and maturing in 5 years. Assume
Calculate the price of a zero coupon bond with yield to maturity of 8.75%, a face value of $1000, and maturing in 5 years. Assume daily compounding (365 days per year). How different is the price if you assume annual compounding? Which is more expensive? Why?
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Private Debt Yield Safety And The Emergence Of Alternative Lending
Authors: Stephen L. Nesbitt
2nd Edition
1119944392, 978-1119944393
