6. An investor invested a one-year maturity zero coupon rate bond 60 days ago by paying...
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6. An investor invested a one-year maturity zero coupon rate bond 60 days ago by paying 965 USD from primary market. The bond is traded in the market with %3 interest rate today. If the bond's face value is $1,000 and year is accepted as a 360 days. If the investor sells the bond today, what will be his/her return from this investment. (10 points) 6. An investor invested a one-year maturity zero coupon rate bond 60 days ago by paying 965 USD from primary market. The bond is traded in the market with %3 interest rate today. If the bond's face value is $1,000 and year is accepted as a 360 days. If the investor sells the bond today, what will be his/her return from this investment. (10 points)
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Heres how to calculate the investors return on the zerocoupon bond 1 Calculate the time remaining un... View the full answer
Related Book For
Probability And Statistics
ISBN: 9780321500465
4th Edition
Authors: Morris H. DeGroot, Mark J. Schervish
Posted Date:
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