Question
PLEASE DO THIS IN EXCEL! THANK YOU! A General Power bond carries a coupon rate of 9.6%, has 9 years until maturity, and sells at
PLEASE DO THIS IN EXCEL! THANK YOU!
A General Power bond carries a coupon rate of 9.6%, has 9 years until maturity, and sells at a yield to maturity of 8.6%. (Assume annual interest payments.)
What will happen to the bond price if the yield to maturity falls to 7.6%?
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Real Estate Finance
Authors: Walt Huber, Levin P. Messick
5th Edition
0916772438, 9780916772437
