Suppose the coupon rate is 10% issue at par $1000 and for 15 years. Let say the market interest rate decreased to 5% after the bond was issued
a) What is the interest payment for this bond annually
b) What is the interest payment on semi-annually
c) How much should the investors pay for this bondi.e. the value
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here