Question
Show how do to without calculator, using excel please. Investments has 6.5% coupon bonds outstanding with a market price of 1089.34. Interest is paid semi
Show how do to without calculator, using excel please. Investments has 6.5% coupon bonds outstanding with a market price of 1089.34. Interest is paid semi annually. The YTM is 4.97% and the face value is 1000. How many years is it until these bonds mature?
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Public Finance And Public Policy
Authors: Jonathan Gruber
6th Edition
1319105254, 9781319105259
