Question
If you held a bond with face value of $10 000 maturity in 12 years, semi-annual coupon of 6 percent, and the coupons on par
If you held a bond with face value of $10 000 maturity in 12 years, semi-annual coupon of 6 percent, and the coupons on par value bonds with the same maturity today are 3 percent, how much would your bond be worth now on the secondary market?
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Advanced Financial Risk Management Enterprise Wide Risk Management In Theory And Practice
Authors: Donald Van Deventer, Kenji Imai, Mark Mesler
3rd Edition
1547416157, 9781547416158
