- This topic has 1 reply, 2 voices, and was last updated 6 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Hello Sir,
I would really appreciate if you could help me with this.
Could you show me the steps in calculating market value of the bond in this question?
A bond has a coupon rate of 7%. It will repay its face value of $1000 at the end of six years. The market expects this type of bond to have a yield to maturity of 10%. Calculate the current market value for the bond.
Thank you!
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.