An investor has just purchased two bonds with the same
An investor has just purchased two bonds with the same yield to maturity.
1. 10 years 6% per annum (payable twice a year)
2. 10 year zero coupon bond
If the YTM is 15% per annum, at what discount or premium is each of the bonds selling at?
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an investor has just purchased two bonds with the same yield to maturity1 10 years 6 per annum payable twice a year2 10
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