Question
What is the current value of a bond with a YTM of 6%, a par value of $1000, 12.5 years remaining to maturity, makes semi-annual
What is the current value of a bond with a YTM of 6%, a par value of $1000, 12.5 years remaining to maturity, makes semi-annual coupon payments, and has a coupon rate of 4%?
A $1,157.29
B $488.67
C $1,500.00
D $825.87
E $655.13
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Bitcoin Technical Innovations From The Trenches
Authors: Sjors Provoost
1st Edition
9090360425, 978-9090360423
