What should be the price of the coupon bond (the amount of money that should be paid
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Question:
What should be the price of the coupon bond (the amount of money that should be paid in case of transaction) 1 year to maturity right before the coupon payment with interest 7%, coupon paid yearly, nominal value of 1000 USD. Assume 5% as yield to maturity.
a.
949.05 USD
b.
1089.05 USD
c.
1031.31 USD
d.
1019.05 USD
Related Book For
Project Management in Practice
ISBN: 978-0470533017
4th edition
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco
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