question archive Compute the price of a 3
Compute the price of a 3
Subject:FinancePrice:3.87 Bought7
Compute the price of a 3.8 percent coupon bond with 18 years left to maturity and a market interest rate of 7 percent. Compute the price again if interest payments are paid semi-annually (solve using semi-annual compounding). Par value is $1000. determine semi and annual compounding need both answers.
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