Question
What is the cash flow of a 29-year bond that pays coupon interest quarterly, has a coupon rate of 4.95% pa, and has a par
What is the cash flow of a 29-year bond that pays coupon interest quarterly, has a coupon rate of 4.95% pa, and has a par value of $500,000 at the end of the life of the bond?
Give your answer correct to two decimal places.
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International Finance The Markets And Financial Management Of Multinational Business
Authors: Maurice D. Levi
3rd Edition
0070376875, 978-0070376878
