(SOLVED) 5.5% coupon, paid semi-annually) will mature on April 15, 2026.
Discipline: Finance
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 1-2)
Paper Format: APA
Pages: 1
Words: 100
Question
FINANCIAL MATHEMATICS
1.
5.5% coupon, paid semi-annually) will mature on April 15, 2026.
If you buy this bond on March 11, 2022 at 5.6% YTM, what is the bond total cost (act/act basis)?
Please provide and explain how to calculate and get the answer exactly like this, using excel!
