Question
Consider a Federal Government coupon bond with a$1,000 face value and a coupon rate of1%. If the bond matures in 25years, pays semi annual coupons,
Consider a Federal Government coupon bond with a$1,000 face value and a coupon rate of1%. If the bond matures in 25years, pays semiannual coupons, and the yield to maturity is5%, then what will the bond sellfor?
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The Company Valuation Playbook Invest With Confidence
Authors: Charles Sunnucks
1st Edition
1838470816, 978-1838470814
