Compute the price of a 38 percent coupon bond with 18 years


Compute the price of a 3.8 percent coupon bond with 18 years left to maturity and a market interest rate of 6.8 percent"

Assume interest payments are paid semi-annually, and solve using semi-annual compounding.

Explain what effect a decrease in the offered sales price would have on the yield to maturity.

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Financial Management: Compute the price of a 38 percent coupon bond with 18 years
Reference No:- TGS01248663

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