Question
ILoveBonds issued 14-year bonds a year ago at a coupon rate of 8 percent. The coupons are semiannual, the par value is $1,000, and the
ILoveBonds issued 14-year bonds a year ago at a coupon rate of 8 percent. The coupons are semiannual, the par value is $1,000, and the YTM is 6.3 percent. Calculate the current bond price. (Do not round intermediate calculations. Round your final answer to 2 decimal places, e.g., 32.16.)
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Sovereign Debt Sustainability Multilateral Debt Treatment And The Credit Rating Impasse
Authors: Daniel Cash
1st Edition
1032198656, 978-1032198651
