Compute the price of a 15 year bond with principal 100


Compute the price of a 1.5 year bond with principal $100, semiannual coupons with annual coupon rate of $20 at each of these dates: 01/2014, 10/2014, 04/2015. The bond is issued on 01/2014 (and therefore the first coupon is payed out on 07/2014). Assume that interest rate is 5% for all the time periods.

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Financial Management: Compute the price of a 15 year bond with principal 100
Reference No:- TGS02401510

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