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We have a 5% coupon bond with face value 100 and we get this table Next year rate Next year price HPR 2.04% 102.90 3.11%
We have a 5% coupon bond with face value 100 and we get this table
Next year rate Next year price HPR
2.04% 102.90 3.11%
2.60% 102.34 2.57%
3.16% 101.78 2.04%
3.26% 101.69 1.95%
Could you please explain to me how the HPR and next year's price was calculated?
Thank you very much
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