A semi-annual coupon bond with maturity equal to 8 years, 10% coupon rate, and a face value
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Question:
Asemi-annual couponbond with maturity equal to 8 years, 10% coupon rate, and a face value equal to $10,000 is worth $8,505.59 today. The YTM is Blank 1 % and the bond is a Blank 2 (choose from: premium/par/discount) bond.
please show all calculation on excel and how you got calculations.
Related Book For
Corporate Finance
ISBN: 9781265533199
13th International Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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