Question
Period 0, Year 1: 4.00%, Year 2: $4.30%, Year 3: 4.50%, Year 4: 4.70%, Year 5: 4.80% 1. What is the price of a three
Period 0, Year 1: 4.00%, Year 2: $4.30%, Year 3: 4.50%, Year 4: 4.70%, Year 5: 4.80%
1. What is the price of a three year default free security with a face value of 1,000 and a annual coupon rate of 4%?
$ (round 3 decimal places)
2. What is the yield maturity of this bond?
% (round 3 decimal places)
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Analytical Corporate Finance
Authors: Angelo Corelli
2nd Edition
3030070921, 978-3030070922
