Question
Compute the continuously compounded annual yield of the following bond. The bond pays semi-annual coupons. Bond Principal ($) Time to Maturity (years) Annual Coupon ($)
Compute the continuously compounded annual yield of the following bond. The bond pays semi-annual coupons.
| Bond Principal ($) | Time to Maturity (years) | Annual Coupon ($) | Bond Price ($) |
| 100 | 4.0 | 8 | 104 |
(enter percentage in decimal form to four decimal places, i.e. eleven and a half percent would be entered as 0.1150)
(Required precision: 0.0001 +/- 0.0001)
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ISE International Financial Management
Authors: Cheol Eun, Bruce Resnick, Tuugi Chuluun
9th International Edition
1260575314, 9781260575316
