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Use the following information for this question: Rating Yield AAA 4.50% AA 5.00% BBB 7.00% Your company is rated AA and has 5 year bonds
Use the following information for this question:
Rating Yield
AAA 4.50%
AA 5.00%
BBB 7.00%
Your company is rated AA and has 5 year bonds with semi-annual coupons. If the coupon on your bonds is 6.0%, what price must they trade at if par value is $100?
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The Handbook Of Portfolio Mathematics
Authors: Vince
1st Edition
0471757683, 978-0471757689
