Question
Daimler AG issued a new ten-year EUR bond with a 5.25% annual coupon which is trading at a yield of 4.78% two years after the
Daimler AG issued a new ten-year EUR bond with a 5.25% annual coupon which is trading at a yield of 4.78% two years after the issuance date. Calculate the price you would you expect to pay for this bond and whether it is trading at a premium or discount.
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Calculating Bond Price and PremiumDiscount Heres how to calculate the price you would expect to pay ...
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2024 CFA Program Curriculum Level I Volume 1
Authors: CFA Institute
1st Edition
1953337678, 978-1953337672
