Question
What is the price of the bond given the information below. The bond makes semiannual interest payments. (Do not round intermediate calculations, round answer to
What is the price of the bond given the information below. The bond makes semiannual interest payments. (Do not round intermediate calculations, round answer to two decimals, i.e. 32.16)
Coupon Rate:7.1%
YTM:10.7%
Maturity (years):14
Par value: $1,000
Current Price:
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
5th Edition
0131445650, 9780131445659
