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Formula please Even though most corporate bonds in the United States make coupon payments 2 semiannually, bonds issued elsewhere often have annual coupon payments. Suppose
Formula please
Even though most corporate bonds in the United States make coupon payments
semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of years to maturity, and a coupon rate of percent paid annually. If the yield to maturity is percent, what is the current price of the bond in euros?
Use cells A to B from the given information to complete this question. You must use the builtin Excel function to answer this question. Leave the "Basis" input blank in the function, You may enter a constant as a hard coded value.
tableOutput area:,Price of parPrice,
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