INTEREST RATES-If interest rates are 8%, what is the price of a 4-year bond with a face value of £100 and an annual coupon of 7%?
INTEREST RATES. If interest rates are 8%, what is the price of a 4-year bond with a face value of £100 and an annual coupon of 7%? If interest rates are 9%, what is the price of a 4-year bond with a face value of £100 and an annual coupon of 7%? If the bond … Read more