Answer to Question #38594 in Finance for phyllis kyeame

Question #38594
6. At what price should I offer to buy a $500 bond on December 11, 2008, if I want it to yield 13%, compounded quarterly? The bond matures on April 1, 2012, and bears 11.5% coupons payable on April 1 and October 1.
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Expert's answer
2014-02-03T02:47:39-0500
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/economics-answer-38594.pdf

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