Question
What is the value of a $1,000 par value bond that has 6 years left to maturity and pays an annual coupon interest rate of
What is the value of a $1,000 par value bond that has 6 years left to maturity and pays an annual coupon interest rate of 7.6% if bonds of similar risk are yielding 5.5%? Use financial calculator.
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Project Financing Analyzing And Structuring Projects
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811232393, 9789811232398
