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Suppose you are considering buying a bond that pays semi-annual coupon payments. The bond has a face value of $1,000 and an annual coupon rate
Suppose you are considering buying a bond that pays semi-annual coupon payments. The bond has a face value of $1,000 and an annual coupon rate of 8%. It is going to mature in 5 years.
if your requited rate of return from this bond is 6% how much at most are you willing to pay for this bond?
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
