ALPHA Industries has issued a bond with the following characteristics:Par: 1000Time to maturity: 3 yearsCoupon rate:
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ALPHA Industries has issued a bond with the following characteristics:Par: ₹ 1000Time to maturity: 3 yearsCoupon rate: 7 percent annual payments Calculate the price of the bond if YTM is 9 per cent.
Related Book For
Investment Analysis and Portfolio Management
ISBN: 978-0538482387
10th Edition
Authors: Frank K. Reilly, Keith C. Brown
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