Question
Consider a bond with face value F = 100 dollars maturing in T = 5 years, and with coupons C = 3 dollars paid quarterly,
Consider a bond with face value F = 100 dollars maturing in T = 5 years, and with coupons C = 3 dollars paid quarterly, the last one at maturity. Given the continuous compounding rate r = 8%. Find the value of the bond at t = 2.125 years
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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
