Question
Suppose you are reviewing a bond with an 10% annual coupon and a face value of $1000. They are paying the coupon semiannually. There are
Suppose you are reviewing a bond with an 10% annual coupon and a face value of $1000. They are paying the coupon semiannually. There are 15 years to maturity, and the yield to maturity is 12%. What is the price of this bond?
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Financial Mathematics
Authors: Cacildo Marques
1st Edition
8741574710, 979-8741574713
