Question
Gugenheim, Inc. offers a 8.50 percent coupon bond with annual payments. The yield to maturity is 4.65 percent and the maturity date is 8 years.
Gugenheim, Inc. offers a 8.50 percent coupon bond with annual payments. The yield to maturity is 4.65 percent and the maturity date is 8 years. What is the market price of a $1,000 face value bond?
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Introduction To Machine Learning In Quantitative Finance An Advanced Textbooks In Mathematics
Authors: Hao Ni, Xin Dong, Jinsong Zheng, Guangxi Yu
1st Edition
1786349361, 9781786349361
