Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
Problem 13P
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1. What is the YTM of a LOEWIN bond that is currently selling for P782.50, has a 6% coupon rate, and matures in exactly 6 years
2. LOEWIN , Inc. just issued a 10 percent, 25 year bond with a P1,000 par value that pays interest semiannually. How much can the investor expect in par value at the end of the 25th year
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