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 semiminus 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 semiminus
annual coupons, and the yield to maturity is5%, then what will the bond sellfor?
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
