We have a 12 20 year bond which we buy when the ytm is 10
We have a 12% 20 year bond, which we buy when the ytm is 10%. We intend to sell it in 2 years at which time required rates are 8%. Derive the price of the bond. Do not use excel, and show formulas please.
Expected delivery within 24 Hours
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we have a 12 20 year bond which we buy when the ytm is 10 we intend to sell it in 2 years at which time required rates
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