Question
Today, Amanda wants to sell a $1,000 face value zero-coupon bond she currently owns. The bond matures in 4.5 years. How much will she receive
Today, Amanda wants to sell a $1,000 face value zero-coupon bond she currently owns. The bond matures in 4.5 years. How much will she receive for her bond if the market yield to maturity is currently 5.18 percent? No accrued interest.
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
