Question: Please show all work and explain. Especially explain how finding N works I am confused on that and list equations. If you dont know how
Please show all work and explain. Especially explain how finding N works I am confused on that and list equations. If you dont know how to answer please just dont I really need it to be correct. Answers given. Thanks.
On a year corporate bond was issued with a coupon of
a What would be the bonds quoted price on if the YTM is If the YTM is
If the YTM is ; ;
b What would be the bonds quoted price on if the YTM is If the YTM is
;
c What would be the bonds price on if the YTM is If the YTM is
$; $
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