Consider the following bond issued by Halliburton: coupon rate: 5.324%, with semi-annual coupon payments Face value: $1,000
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Question:
Consider the following bond issued by Halliburton:
- coupon rate: 5.324%, with semi-annual coupon payments
- Face value: $1,000
- Bond matures in 23 years
Suppose, for the sake of argument, that the annual discount rate is 5.478%, with semi-annual compounding.
What is the value of the bond?
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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