bonbby2987 bonbby2987

24-05-2023
Business

contestada

Can
anyone explain where did the pmt (50) come from ? how did we get it
? I get everything else except this part
Consider a bond with a coupon rate of 10% and coupons paid semi-annually. The par value is $1000 and the bond has 5 years to maturity. The yield to maturity is 11%. What is the value of the bond? I=11

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