Consider a 30-year maturity bond with an 8% coupon with a $1,000 face value. Suppose the yield

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Consider a 30-year maturity bond with an 8% coupon with a $1,000 face value. Suppose the yield curve is a flat 8% for all maturities. What is the present value of this bond?

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Derivatives Markets

ISBN: 978-0321543080

4th edition

Authors: Rober L. Macdonald

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Posted Date: Feb 26, 2024 02:30 AM

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Consider a 30-year maturity bond with an 8% coupon with a $1,000 face value. Suppose the yield

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the present value of the bond is approximately 916203 Heres how we can calculate ... View the full answer

Derivatives Markets

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