Question
Over the past year (from one year ago to today), the inflation rate was 3.81% the risk-free rate was 7.44% and the real rate of
Over the past year (from one year ago to today), the inflation rate was 3.81% the risk-free rate was 7.44% and the real rate of return for a bond was 11.28%. The bond is currently priced at $912.00 pays annual coupons of $116.00 and just made a coupon payment. What was the price of the bond one year ago?
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The Handbook Of Financial Instruments
Authors: Frank J. Fabozzi
1st Edition
0471220922, 978-0471220923
