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How much are listed, on October 21, 2018 the bonds that on March 1, 2016 were listed at $93.50 assuming that they are redeemed at
How much are listed, on October 21, 2018 the bonds that on March 1, 2016 were listed at $93.50 assuming that they are redeemed at 98 on July 1, 2022 their face value is $120 and they pay interest of 13.2% per year in quarterly coupons ? Get the annual rate of return and get the quote with: a. The market price. b. The net price.
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