Question
What is the current market price of a bond with par value $1,000 that pays 10% coupon semi-annually and matures in 8 years? Comparable bonds
What is the current market price of a bond with par value $1,000 that pays 10% coupon semi-annually and matures in 8 years? Comparable bonds are yielding 12.6%.
a.
$999.99
b.
$710.18
c.
$489.04
d.
$871.29
Which one is correct?
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Structured Finance Leveraged Buyouts Project Finance Asset Finance And Securitization
Authors: Charles-Henri Larreur
1st Edition
1119371104, 978-1119371106
