Question
You have purchased a Commonwealth Government Bond to settle on 26 April 2013. The bond matures on 15 August 2035 and has a coupon rate
You have purchased a Commonwealth Government Bond to settle on 26 April 2013. The bond matures on 15 August 2035 and has a coupon rate of 4.8%. The current yield to maturity for this bond is 4.15%. What is the price of the bond per $100 of face value?
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The Oxford Handbook Of Pricing Management
Authors: Ozalp Ozer, Robert Phillips
1st Edition
0199543178, 978-0199543175
