Question
Q.) what is the price of a perp with an annual coupon of 3%, par value of $100, and a yield of 2.5%?
Q.) what is the price of a perp with an annual coupon of 3%, par value of $100, and a yield of 2.5%?
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Get StartedRecommended Textbook for
Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur Keown, John Martin
12th edition
133423824, 978-0133423822
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