Question
What is the price of a 1,000 par value, 19.0-year, annual bond with a 8.74% coupon rate and a yield to maturity of 6.66% ?
What is the price of a 1,000 par value, 19.0-year, annual bond with a 8.74% coupon rate and a yield to maturity of 6.66% ?
You bought a 12.0-year, 9.21% semi-annual coupon bond today and the current market rate of return is 8.51%. The bond is callable in 4.0 years with a $84.00 call premium. What price did you pay for your bond?
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
