Question
What is the price of a $1000 face value bond paying semiannual coupons, if you know: The bond was issued 7-year ago with a 20-year
What is the price of a $1000 face value bond paying semiannual coupons, if you know:
The bond was issued 7-year ago with a 20-year (original) maturity.
Coupon rate: 7%
YTM: 6%
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Crisis Risk And Stability In Financial Markets
Authors: Juan Fernández De Guevara Radoselovics , José Pastor Monsálvez
1st Edition
1137001828, 978-1137001825
