Question
Problem 7-23 Compute Bond Price (LG4) Calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest
Problem 7-23 Compute Bond Price (LG4)
Calculate the price of a 5.2 percent coupon bond with 18 years left to maturity and a market interest rate of 4.6 percent. (Assume interest payments are semiannual.) (Do not round intermediate calculations and round your final answer to 2 decimal places.) Bond price $
Is this a discount or premium bond?
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
