Question
Consider the following bond issued by Halliburton: -coupon rate: 3.618%, with semi-annual coupon payments -Face value: $1,000 -Maturity date: August 1, 2023 Assume that today
Consider the following bond issued by Halliburton:
-coupon rate: 3.618%, with semi-annual coupon payments
-Face value: $1,000
-Maturity date: August 1, 2023
Assume that today is August 2, 2016. Suppose, for the sake of argument, that the annual discount rate is 7.899%, with semi-annual compounding. What is the value of the bond?
Do not round at intermediate steps in your calculation. Round your answer to the nearest penny. Do NOT include a minus sign! Do not type the $ symbol.
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Foundations Of Statistics For Data Scientists With R And Python
Authors: Alan Agresti
1st Edition
0367748452, 978-0367748456
