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You can answer the problem in excel and show the formulas. I'll rate :) Calculate the price of a bond that pays Monthly coupons of
You can answer the problem in excel and show the formulas. I'll rate :)
Calculate the price of a bond that pays Monthly coupons of 14% per year, with a maturity date of 7 years, knowing that its face value is 1000 usd and the yield to maturity is 6%.
CORRECT ANSWER: 1,456.35
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