Question
What is the difference in price of a $1000 par value bond that has 10 years to maturity and has a 8% annual coupon rate
What is the difference in price of a $1000 par value bond that has 10 years to maturity and has a 8% annual coupon rate paid semi annually as compared to a $1000 zero coupon bond that matures in 2 years if the yield to maturity is 7% on both? Use semiannual analysis on both bonds.
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
