Question
Compute the price of the newly issued 8-year 6.50% Treasury Bond when the discount rate is 4.00% (semi-annually compounded). Present Value of the coupon payments:
Compute the price of the newly issued 8-year 6.50% Treasury Bond when the discount rate is 4.00% (semi-annually compounded). Present Value of the coupon payments: $ Present Value of the principal re-payment: $ Bond price: $
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Principles Of Public Finance
Authors: Toshihiro Ihori
1st Edition
9811023883, 978-9811023880
