A bond has $5.2000 face value and the coupon rate of the bond is 3.1 % (APR). The YTM of the bond is 43 %. What is the f
Posted: Mon Jan 17, 2022 8:09 am
A bond has $5.2000 face value and the coupon rate of the bond is 3.1 % (APR). The YTM of the bond is 43 %. What is the fair price of the bord a souming that the maturity of the bond is 3 years and the bond pays coupon in every 4 months? Give the answer in round numbers without presenting a sign) Arower