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# Suppose a 3 year 5% coupon bond has a face value of \$1000 and a yield of 6%. The coupon payments are annually and the yield is stated in terms of...

Suppose a 3 year 5% coupon bond has a face value of \$1000 and a yield of 6%. The coupon payments are annually and the yield is stated in terms of continuously compounding/discounting.

I) help determine the price of the bond

Here's the explanation you needed for... View the full answer

The Price of... View the full answer

CASHFLOWS FOR EACH CORRESPONDING YEAR : Year 1 = \$50 Year 2 = \$50 Year 3 = \$1050 PV of... View the full answer

1 comment
• i hope it helps
• masangateivin3961
• Aug 13, 2018 at 4:25am

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