Inc. hasa 10.0% coupon, with semiannual payments. YTM is11.00%. Maturity is9 yrs. What's the price? Hint: remember
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Question:
Inc. hasa 10.0% coupon, with semiannual payments. YTM is11.00%. Maturity is9 yrs. What's the price? Hint: remember for semi-annual, divide both the coupon rate and YTM by 2, and multiply the number of periods by 2. This is exactly like the semi-annual bond problems in the book, video and practice. |
Multiple choice:
A. $1,381.47
B. $1,076.69
C. $1,506.07
D. $943.77
E. $1,562.30
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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