Question: how do I find this without excel? The solution is 8.71 in the textbook Consider a three-year bond, with a $1,000 face value and a
how do I find this without excel? The solution is 8.71 in the textbook
Consider a three-year bond, with a $1,000 face value and a 9% coupon rate paid semi-annually, which was bought to yield 7% convertible semi-annually. Find the amount for amortization of premium during the bonds third half- year (i.e., between the second and third coupon payments)
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