Question
In the form of the financial calculator please Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 5.1 percent
In the form of the financial calculator please
| Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 5.1 percent paid semiannually and 29 years to maturity. The yield to maturity on this bond is 4.2 percent. |
| What is the price of the bond? |
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International Finance Putting Theory Into Practice
Authors: Piet Sercu
1st edition
069113667X, 978-0691136677
