A company just issued 20-year bonds at a coupon rate of 65
Problem
A company just issued 20-year bonds at a coupon rate of 6.5%. Coupons are semi-annually paid. If YTM on these bonds is 5.3%, what is the current bond value?
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problema company just issued 20-year bonds at a coupon rate of 65 coupons are semi-annually paid if ytm on these bonds
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