Question
The article in WSJ form June 4, 2020 tells that Yields on the Chinas 10-year sovereign bonds, denominated in yuan, this week hit their highest
The article in WSJ form June 4, 2020 tells that Yields on the Chinas 10-year sovereign bonds, denominated in yuan, this week hit their highest levels since late February at about 2.83%
Assume that on June 4, 2020 a Chinas 10-year sovereign bond has a coupon rate of 4.5( with two coupon payments in a year). What is the price of the bond?
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Public Finance Administration
Authors: B. J. Reed, John W. Swain
2nd Edition
0803974051, 978-0803974050
