Question
You are eyeing an investment in a corporate bond which has a YTM of 15.00%, and a stated rate of interest of 14.00% with a
You are eyeing an investment in a corporate bond which has a YTM of 15.00%, and a stated rate of interest of 14.00% with a maturity of 2 years. What is the price of this bond? (I am struggling to try and solve this on my ti-84 calculator, so if you could show how to solve it on that, that would be great.)
| a. $983.25 | |
| b. $2,805.09 | |
| c. $1,217.71 | |
| d. $869.94 |
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The Handbook Of Alternative Assets
Authors: Peter Temple
1st Edition
161477076X, 978-1906659219
