What is the price of a bond with a coupon rate of 3%, payable semi-annually, a face
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the price of a bond with a coupon rate of 3%, payable semi-annually, a face value of $1000, 14 years to maturity, and a yield to maturity of 2.1%?
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date: