Question
You want to buy a corporate bond that has a face value of 1000 for that pays coupon of 0.05 paid quarterly. At that time,
You want to buy a corporate bond that has a face value of 1000 for that pays coupon of 0.05 paid quarterly. At that time, the bond had a YTM of 0.12 and 12 years left to maturity.
what is the price of the bond?
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Passive Income The Passive Income Millionaire
Authors: Alexus Arellano
1st Edition
9814950882, 978-9814950886
