Question
What is the invoice price for a $1,000 face value 6% semi-annual coupon corporate bond with exactly 20 years to maturity and a yield to
What is the invoice price for a $1,000 face value 6% semi-annual coupon corporate bond with exactly 20 years to maturity and a yield to maturity (YTM) of 4%? (rounded $ to two places after the decimal)
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Handbook Of Quantitative Finance And Risk Management
Authors: Cheng-Few Lee, John Lee
2010th Edition
0387771166, 978-0387771168
