A government has issued 7.2% coupon bonds with semi-annual coupons and 22 years to maturity. If...
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A government has issued 7.2% coupon bonds with semi-annual coupons and 22 years to maturity. If the yield-to-maturity for the bonds is quoted at 7.5% per year (compounded semi-annually), compute the price of a $1,000 face value bond. A government has issued 7.2% coupon bonds with semi-annual coupons and 22 years to maturity. If the yield-to-maturity for the bonds is quoted at 7.5% per year (compounded semi-annually), compute the price of a $1,000 face value bond.
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To calculate the price of a 1000 face value bond with a 72 coupon rate semiannual coupons and 22 years to maturity given a yieldtomaturity of 75 compo... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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