Question
What is the most we should pay for a bond with a par value of $1000, coupon rate of 11.7% paid annually, and a remaining
What is the most we should pay for a bond with a par value of $1000, coupon rate of 11.7% paid annually, and a remaining life of 21 years? The yield to maturity is 11.4%. Assume annual discounting. (Round your answer to the nearest penny.)
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Of Synthetic Finance Three Essays Of Speculative Materialism
Authors: Benjamin Lozano
1st Edition
1138790842, 978-1138790841
