Question
SUPPOSE A 10-YEAR, $1,000 BOND WITH A 7% COUPON RATE AND SEMIANNUAL COUPONS IS TRADING FOR A PRICE OF $968.37. A. WHAT IS THE BONDS
SUPPOSE A 10-YEAR, $1,000 BOND WITH A 7% COUPON RATE AND SEMIANNUAL COUPONS IS TRADING FOR A PRICE OF $968.37.
A. WHAT IS THE BONDS YIELD TO MATURITY (EXPRESSED AS AN APR WITH SEMIANNUAL COMPOUNDING)?
B. IF THE BONDS YIELD TO MATURITY CHANGES TO 10% APR, WHAT WILL THE BONDS PRICE BE?
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Adventure Capitalist The Ultimate Road Trip
Authors: Jim Rogers
1st Edition
0375509127, 978-0375509124
