Calculate the price of a 30 year 8 5 coupon bond with 21
Calculate the price of a 30 year, 8 .5% coupon bond with 21 years left to maturity and a market interest rate of 7.5%. Assume interest payments are semiannual.
a. Is this a discount or a premium bond?
b. Why or why not?
Now Priced at $10 (50% Discount)
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Rated (4.3/5)
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calculate the price of a 30 year 8 5 coupon bond with 21 years left to maturity and a market interest rate of 75 assume
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