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Show work: 2. Whats the value of a 15 year 1000 par value, 9% coupon rate bond if the yield to maturity (YTM) increase to
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2. Whats the value of a 15 year 1000 par value, 9% coupon rate bond if the yield to maturity (YTM) increase to 12%? Answer is 795.67. What is formula?
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The International Handbook Of Shipping Finance
Authors: Manolis G. Kavussanos, Ilias D. Visvikis
1st Edition
113746545X, 978-1137465450
