Question
It is 15 October 2017. Treasury 8% 2020 matures on 14 October 2020. Calculate the fair price of this bond when the redemption yield is:
It is 15 October 2017. Treasury 8% 2020 matures on 14 October 2020. Calculate the fair price of this bond when the redemption yield is: 3% p.a., 9% p.a.
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
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