You are purchasing a 19.5 years, zero- coupon bound . The yield to maturity is 6.51percent compound semi- annually and the face value is 1000. What is the current market price
You are purchasing a 19.5 years, zero- coupon bound . The yield to maturity is 6.51percent compound semi- annually and the face value is 1000. What is the current market price
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 8P
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You are purchasing a 19.5 years, zero- coupon bound . The yield to maturity is 6.51percent compound semi- annually and the face value is 1000. What is the current market price
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