estimate the price of the bond, Finance Basics

Stardusts has 1 debt issue outstanding.  The debt matures on August 15, 2017, and has a 6.25% coupon.  Coupons are paid semiannually.  The bond is priced to yield 1.61% compound semiannually.  Estimate the price of the bond on February 15, 2013, rapidly after that coupon is paid. 

Posted Date: 3/18/2013 8:51:10 AM | Location : United States







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