Question
you want to buy a corporate bond that has a face value of 1000 for that pays coupon of 0.04 paid quarterly . At that
you want to buy a corporate bond that has a face value of 1000 for that pays coupon of 0.04 paid quarterly . At that time, the bond had a YTM of 0.06 and 8 years left to maturity.
what is the price of the bond?
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
