Question
Over the past year (from 1 year ago to today), the inflation rate was 3.22%, the risk-free rate was 5.49%, and the real rate of
| Over the past year (from 1 year ago to today), the inflation rate was 3.22%, the risk-free rate was 5.49%, and the real rate of return for a bond was 4.06%. The bond was priced at $935.00 one year ago and $995.00 two years ago, pays annual coupons of $74.00, and just made a coupon payment. What is the price of the bond today?(Round the value to 100th decimal)
Can someone explain why I got this wrong | |||||
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Financial Sector Reform And Privatization In Transition Economies
Authors: John Doukas, Victor Murinde, Clas Wihlborg
1st Edition
044482653X, 9780444826534
