Question
Computer price of a 4.8% coupon bond with 10 years left maturity and a market interest rate of 7.4% as soon interest payments or semi
Computer price of a 4.8% coupon bond with 10 years left maturity and a market interest rate of 7.4% as soon interest payments or semi annual. Is this a discount bond or premium bond? What is the bond price?
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Inside And Outside Liquidity
Authors: Bengt Holmstroem, Jean Tirole
1st Edition
0262518538, 9780262518536
