Question
We are on the 1st of February of 2016. There is a municipal with face value 500, annual coupon of 5% which matures on the
We are on the 1st of February of 2016. There is a municipal with face value 500, annual coupon of 5% which matures on the first of July of 2023. Which should be the (full) market price of this bond today? a. 480.23 b. 498.89 c. 514.43 d. 558.34
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Macroeconomics
Authors: Stephen d. Williamson
5th Canadian edition
133847144, 9780134604794 , 978-0133847147
