Question: Using the simple rate convention, find the yield of a 2-year bond traded at par, with face value $100, paying coupons of $3.00 every six
Using the simple rate convention, find the yield of a 2-year bond traded at par, with face value $100, paying coupons of $3.00 every six months.
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The bond has a price of 100 and pays 300 that is 3 of its price e... View full answer
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