Question
Hello, I have a question on my homework any help would be greatly appreciated. 7-21: Compute Bond Price: Compute the price of a 3.8 percent
Hello,
I have a question on my homework any help would be greatly appreciated.
7-21: Compute Bond Price: Compute the price of a 3.8 percent coupon bond with 15 years left to maturity and a marked interest rate of 6.8 percent. (Assume interest payments are semiannual) Is this a discount or premium bond? Coupon rate 3.80% Nper 15 Rate 6.80% FV 1000
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
2nd Edition
0073530670, 9780073530673
