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The 6-month and 12-month zero rates are 3% and 3.5% per annum, respectively, both with continuous compounding. What is the cash price of a bond
The 6-month and 12-month zero rates are 3% and 3.5% per annum, respectively, both with continuous compounding. What is the cash price of a bond with a face value of 100 that will mature in 12 months and will pay a coupon of 6% per annum semi-annually?
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Foundations Of Financial Markets And Institutions
Authors: Franco Modigliani, Frank J. Jones, Michael G. Ferri, Frank J. Fabozzi
3rd Edition
0130180793, 978-0130180797
