Question
LAM's corporate bonds are trading at a quoted price of 81.76. These bonds have a yield-to-maturity of 5.36%. If the bonds mature in exactly 24
LAM's corporate bonds are trading at a quoted price of 81.76. These bonds have a yield-to-maturity of 5.36%. If the bonds mature in exactly 24 years, what must be their coupon rate?
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Forecasting Methods And Applications
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
3rd Edition
0471532339, 9780471532330
