Price of Coupon Bond Assignment | Homework For You
June 9th, 2020
Nathan can buy a zero coupon (r=0) bond that will pay 1000 at the end of 12 years and is currently selling for 624.60. Instead, he purchases an 8% bond with coupons payable semi-annually that will pay 1000 at the end of 10 years. If he pays X he will earn the same annual effective interest rate as the zero coupon bond. Calculate X. 0 0 0 1544 U15. Get Finance homework help today
