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What is the annual yield of a 5-year, 3.25% semi-annual coupon-paying bond priced today at $1,075? Par is $1,000. Please show excel formulas used CF
What is the annual yield of a 5-year, 3.25% semi-annual coupon-paying bond priced today at $1,075? Par is $1,000. Please show excel formulas used
| CF | $ |
| Coupon | |
| Par | |
| Start | |
| 0.5 | |
| 1.0 | |
| 1.5 | |
| 2.0 | |
| 2.5 | |
| 3.0 | |
| 3.5 | |
| 4.0 | |
| 4.5 | |
| 5.0 | |
| Yield |
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
