Question
What is the coupon rate of a bond with face value $1000, annual coupon payments and time to maturity of 3 years if the yield
What is the coupon rate of a bond with face value $1000, annual coupon payments and time to maturity of 3 years if the yield to maturity (YTM) is 8% and the Maculay duration is 2.5290 years?
How did you find that the cashflow is 250.034515409675?
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Financial Analysis With Microsoft Excel 2016
Authors: Timothy R. Mayes, Todd M. Shank
8th Edition
1337298042, 9781337298049
