Question
question 22 A corporate bond has details as shown: Duration Interest Yield to maturity 10 years 20% per annum (payable twice a year) 15% per
question 22
A corporate bond has details as shown:
| Duration | Interest | Yield to maturity |
| 10 years | 20% per annum (payable twice a year) | 15% per annum |
At what rate of discount or premium is the bond selling at?
Select one:
A. 128.608% premium
B. 15% discount
C. 26.663% premium
D. 128.608% discount
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Risk Management And Financial Institutions
Authors: John Hull
1st Edition
0132397900, 9780132397902
