Question
james has just bought a bond that will mature in 5 years for 900 with 1,000 par value and a coupon rate of 10% paid
james has just bought a bond that will mature in 5 years for 900 with 1,000 par value and a coupon rate of 10% paid semiannually. Calculate the value of this bond if the required rate on similar risk bond is 12% per year
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30 Days To Taming Your Finances What To Do To Better Manage Your Money
Authors: Deborah Smith Pegues
1st Edition
0736918361, 978-0736918367
