Question
TRIVIA Company issued a bond at par, with a face value of $3,500 at the end of 4 years. The Yield to Maturity of the
TRIVIA Company issued a bond at par, with a face value of $3,500 at the end of 4 years. The Yield to Maturity of the Bond (YTM) was stated as 10% and the annual coupon of $200 paid at the end of each year.
A.) Calculate the price of the Bond by using the formula (show your calculations).
BondPrice=1 1+M+FV1+M"Bond""Price"=C[("1- " (1+YTM)^"-M" )/YTM]+"FV" /(1+YTM)^M
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Foundations Of Statistics For Data Scientists With R And Python
Authors: Alan Agresti
1st Edition
0367748452, 978-0367748456
