Question 1:
Treasury bonds paying an 8% coupon rate with semiannual payments currently sell at par value.
What coupon rate would they have to pay in order to sell at par if these bonds instead paid their
coupons annually?
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Question 1:
Treasury bonds paying an 8% coupon rate with semiannual payments currently sell at par value.
What coupon rate would they have to pay in order to sell at par if these bonds instead paid their
coupons annually?
Continue reading