Question
Why do corporate bonds with the same years to maturity (E.g., n = 10 years), the same coupon payment size (C) and the same face
Why do corporate bonds with the same years to maturity (E.g., n = 10 years), the same coupon payment size (C) and the same face value (F) as a U.S. treasure note trade at a lower price? What does this imply about the yield to maturity?
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Building Financial Models
Authors: John Tjia
2nd Edition
0071608893, 978-0071608893
