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Compute the price of a 25-year bond, which pays 12.88% coupon weekly (assume there are 52 weeks per day) when investors require a 8% rate
Compute the price of a 25-year bond, which pays 12.88% coupon weekly (assume there are 52 weeks per day) when investors require a 8% rate of return on such bonds. What would be its price 10 years from now, if the required rate of return at the end of 10 years will be 15%? Answers with excel formulas will be appreciated
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The Economics Of Money Banking And Finance
Authors: Howells, Keith Bain
3rd Edition
0273693395, 978-0273693390
