Question
The equation for the present value of Bond OPE on 24/6/2020 is given by P(24/6/2020) = 7,35a 29 0,1352 + 100 (1 + 0,135/2) 29
The equation for the present value of Bond OPE on 24/6/2020 is given by
P(24/6/2020) = 7,35a 29 0,1352 + 100 (1 + 0,135/2) 29 and the fraction of the half year to be discounted back is 74/181.
The clean price for Bond OPE is
[1] R111,87388%.
[2] R107,56456%.
[3] R114,90174%.
[4] R109,02688%.
[5] none of the above.
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
