Question
Suppose a bond has a full price of $92.14 and is trading with a YTM of 5.8%. What is the full price in 18 days,
Suppose a bond has a full price of $92.14 and is trading with a YTM of 5.8%. What is the full price in 18 days, assuming no change in yields. Assume there are 182 days in the current coupon period, and assume no coupon will be paid over this interval.
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
