financial markets and institutions CLASS
Posted: Mon Mar 21, 2022 4:35 pm
financial markets and institutions CLASS
4- You are considering buying a bond that matures in 4 years from today. The par value of the bond is $1000 and the coupon rate is 11%. If the current market interest rate is 8%, what is the bond price today if the coupon is paid annually? (1 mark)
- Financial Markets And Institutions Class 1 (55.29 KiB) Viewed 40 times