Question
Calculate the value of a bond with 100 face value, 5 years to maturity, coupon rate of 6% p.a. paid semi-annually, when the discount
Calculate the value of a bond with 100 face value, 5 years to maturity, coupon rate of 6% p.a. paid semi-annually, when the discount rate (expected rate of return on similar instruments) is: 8,8 % p.a.
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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