Question
consider a corporate bond with a 6.6% coupon rate, paid semi-annually, $1000 par value and a current yield to maturity of 7.4%. It matures in
consider a corporate bond with a 6.6% coupon rate, paid semi-annually, $1000 par value and a current yield to maturity of 7.4%. It matures in exactly 10 years.
What is the amount of each coupon payment?
what is the current market price of this bond?
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
