Question
Two bonds, each with a face value of $17000, are redeemable at par in n-years and priced to yield j12 = 14.4%. Bond 1 has
Two bonds, each with a face value of $17000, are redeemable at par in n-years and priced to yield j12 = 14.4%. Bond 1 has a coupon rate j12 = 24% and sells for $22793.11. Bond 2 has coupon rate j12 = 7.2% and sells for $ P. What is the value of P?
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How To Trade With High Probability
Authors: Ricardo Moneta
1st Edition
1542590159, 978-1542590150
