Q.1: You are thinking to invest buy purchasing bond from the IPO market. Suppose Max Company offers
Fantastic news! We've Found the answer you've been seeking!
Question:
Q.1: You are thinking to invest buy purchasing bond from the IPO market. Suppose Max Company offers you a bond that has 10 % annual coupon payable semiannually and a face values of tk. 1000. There are 10 years to maturity.
Requirement:
- What would be the price of bond if its yield to maturity is (a) 11% (b) 10% and (c) 8%
- Comment on the result
Related Book For
Posted Date: