Question
Q2- Suppose that a bond has a face value of $1000, a coupon rate of 8% and a maturity of 2 years. The bond makes
Q2- Suppose that a bond has a face value of $1000, a coupon rate of 8% and a maturity of 2 years. The bond makes semiannual coupon payments and the yield to maturity is 6%.
The semi-annual coupon is
The semi-annual yield is
The number of semi-annual period-
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
