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EXERCISE 2 A bond of face value $100 with a 3% coupon rate (paid semi-annually), maturing in two-years, has a price of $99.44 when it
EXERCISE 2 A bond of face value $100 with a 3% coupon rate (paid semi-annually), maturing in two-years, has a price of $99.44 when it is issued. What is the yield on this bond, assuming continuous compounding? [5pts.]
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Government Contract Accounting Made Easy The Uncomplicated Guide To Compliance Pricing And Profitability
Authors: Robert E. Jones
1st Edition
979-8988831204
