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You bought the bond in Q1 at $918.30. However, you may have to sell it after 1 year. Let's assume that the market interest rate
You bought the bond in Q1 at $918.30. However, you may have to sell it after 1 year. Let's assume that the market interest rate is 5% in the foreseeable future. What is the sales price of the bond? Please display two digits after the decimal point and do not add a dollar sign.
Additonally, If you sell the bond after 1 year at the price you calculated, what is the rate of return from that investment ?
You bought the bond in Q1 at $918.30 . The bond in question is a 3 year 2% coupon bond. the YTM of a similar bond is 5% per year. However , you may have to sell it after 1 year . Let's assume that the market interest rate is 5% in the foreseeable future. What is the sales price of the bond? Please display two digits after the decimal point and do not add a dollar sign .
If you sell the same bond after 1 year at the price you calculated in the previous question, what is the rate of return from that investment?
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Understanding Decentralized Finance How DeFi Is Changing The Future Of Money
Authors: Rhian Lewis
1st Edition
1398609390, 978-1398609396
