three years ago, you purchased a $7000 bind with 3% annual cupon payments for $6769. If the current YTM is 3%, what price would you expect to sell it for today?
three years ago, you purchased a $7000 bind with 3% annual cupon payments for $6769. If the current YTM is 3%, what price would you expect to sell it for today?
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 6P
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three years ago, you purchased a $7000 bind with 3% annual cupon payments for $6769. If the current YTM is 3%, what price would you expect to sell it for today?
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