A bond with a par value of $1,000 and a 6% semi-annual coupon rate has 9 years to maturity. Assuming it is priced to yield 8%, compounded semi-annually, what is the market price of the bond, to the nearest dollar?
Discuss some of the major social media networks and how brand managers integrate them into their communications strategies.
What is the meaning of “duration of a bond” and why is knowing a bond’s duration useful?