Question
Eli lily bonds have an annual coupon rate of 5.55% and a par value of $1000 and will mature in 17 years. if you require
Eli lily bonds have an annual coupon rate of 5.55% and a par value of $1000 and will mature in 17 years. if you require a 5% return, what price would you be willing to pay for a eli lily bond?
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Fixed Income Analysis
Authors: Barbara S. Petitt
5th Edition
1119850541, 978-1119850540
