Question
You are considering the purchase of a $1000 par value bond with a coupon rate of 6.8% (with interest paid semiannually) that matures in 12
You are considering the purchase of a $1000 par value bond with a coupon rate of 6.8% (with interest paid semiannually) that matures in 12 years. If the bond is priced to yield 9%, what is the bond's current price?
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Marketplace Lending Financial Analysis And The Future Of Credit Integration Profitability And Risk Management
Authors: Ioannis Akkizidis, Manuel Stagars
1st Edition
1119099161, 978-1119099161
