Question
Given a 5Y Treasury semi-annual 8% coupon paying bond with a market discount rate of 10%, what is the approximate price (present value) of the
Given a 5Y Treasury semi-annual 8% coupon paying bond with a market discount rate of 10%, what is the approximate price (present value) of the bond per $1000 of par value?
Question 3 options:
$309
$923
$631
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Handbook On Second Lien Loans & Intercreditor Agreements
Authors: Mark N. Berman, Jo Ann J. Brighton
1st Edition
0981865593, 978-0981865591
