Question
What is the Price of a bond that pays its coupon 3% annualy and has a discount of 4% with the principal paid at the
What is the Price of a bond that pays its coupon 3% annualy and has a discount of 4% with the principal paid at the end ( assume Principal is 100)
Mark the closest answer up 2 decimals.
| 98.11 | ||
| 96.12 | ||
| 95.45 | ||
| 97.22 |
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
