Question
Using semiannual compounding, find the prices of the following bonds: a. A 10.21%,15-year bond priced to...
Using semiannual compounding, find the prices of the following bonds:
a. A 10.21%,15-year bond priced to yield 7.9%.
b. A 7.3%,10-year bond priced to yield 9.6%.
c. A 11.9%,20-year bond priced at 9.6%.
Repeat the problem using annual compounding. Then comment on the differences you found in the prices of the bonds
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