Consider a bond with face value equal to 1,000 SEK and maturity in 11 years paying annual

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Consider a bond with face value equal to 1,000 SEK and maturity in 11 years paying annual coupons. Its yield-to-maturity (expressed as an EAR) is equal to 2% and its coupon rate is equal to 4.5%.

What is the price of this bond?

Related Book For answer-question

Financial Markets And Institutions

ISBN: 978-0132136839

7th Edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Posted Date: May 12, 2023 01:22 AM

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Consider a bond with face value equal to 1,000 SEK and maturity in 11 years paying annual

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To calculate the price of the bond we can use the formula for ... View the full answer

Financial Markets And Institutions

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