Question
What is the price of a $1,000 par value, 19 year, annual coupon bond with a 6.79% coupon rate and a yield to maturity of
What is the price of a $1,000 par value, 19 year, annual coupon bond with a 6.79% coupon rate and a yield to maturity of 3.95%?
You bought a 22-year, 7.13% semi-annual coupon bond today and the current market rate of return is 3.79%. The bond is callable in 7 years with a $64 call premium. What price did you pay for your bond?
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States And The Reemergence Of Global Finance
Authors: Eric Helleiner
1st Edition
0801428599, 978-0801428593
