Question
What is the market price of a bond with a denomination of $100, 3 1/2 years before its redemtion, if it pays interest of 12.3%
What is the market price of a bond with a denomination of $100, 3 1/2 years before its redemtion, if it pays interest of 12.3% per year in coupons quartely, and yield of 15.6% per year
compounded quartely are intended?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
