Question
Use the bond term's below to answer the question . Maturity: 10 years Coupon Rate: 4% (annual coupons) Face value: $1,000 YTM 2% (interest rate)
Use the bond term's below to answer the question . Maturity: 10 years Coupon Rate: 4% (annual coupons) Face value: $1,000 YTM 2% (interest rate) Assuming the YTM remains constant throughout the bond's life, what is the bond's price in year 6?
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Corporate Finance For Dummies
Authors: Michael Taillard
2nd Edition
1119850312, 978-1119850311
