Question
What is the price of a semi-annual coupon bond with six years to maturity, a par value of $1,000, coupon 8.0% (or 4.0% semi-annual) if
What is the price of a semi-annual coupon bond with six years to maturity, a par value of $1,000, coupon 8.0% (or 4.0% semi-annual) if the yield to maturity of the bond is 5.0% annually (or 2.5% for a six-month period)?
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Bond Markets Analysis And Strategies
Authors: Frank J.Fabozzi
7th Edition
0136078974, 978-0136078975
