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Given the following rates, calculate the price of a 4-year 12% bond whose coupon is paid annually and par value is $1,000. One-year spot rate
Given the following rates, calculate the price of a 4-year 12% bond whose coupon is paid annually and par value is $1,000.
- One-year spot rate is 5.5%
- One-year forward rate one year from now is 6%
- One-year forward rate two years from now is 10%
- One-year forward rate three years from now is 15%
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The Handbook Of Sentiment Analysis In Finance
Authors: Gautam Mitra, Xiang Yu
1st Edition
1910571571, 978-1910571576
