(SOLVED) 5.5% coupon, paid semi-annually) will mature on April 15, 2026.
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 1-2)
Paper Format: APA
Pages: 1 Words: 100
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!
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