question archive Consider a newly issued 5-year, $100 par value, 5% coupon, annual-pay bond
Consider a newly issued 5-year, $100 par value, 5% coupon, annual-pay bond
Subject:FinancePrice: Bought3
Consider a newly issued 5-year, $100 par value, 5% coupon, annual-pay bond. If the market discount rate is 6%, the price of the bond is (show your calculation below)
