Whitney1968 Whitney1968

06-03-2024
Mathematics

contestada

A 3-year bond with a par value of Rs. 100 and a 10% coupon rate, assuming semiannual interest payments. What is the price of the bond?
a) Rs. 108.26
b) Rs. 98.54
c) Rs. 110.00
d) Rs. 100.00

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