8. A bond has eighteen months until maturity and par value of $100. It has a...
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8. A bond has eighteen months until maturity and par value of $100. It has a 4% annual stated rate with interest rate is 3.7% at all maturities. What is semi-annual coupons. The continuously-compounded the duration of the bond? 8. A bond has eighteen months until maturity and par value of $100. It has a 4% annual stated rate with interest rate is 3.7% at all maturities. What is semi-annual coupons. The continuously-compounded the duration of the bond?
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Interest rate 37 compounding continously Effective annual rate e 0037 1 00377 Effect... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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