Hi David
Sorry for the silly question, but could you please explain which compoduning formula is being used to calculate the bond´s full price:
bond's full price = $1,043.76*1.025^(90/180) = $1,056.7
I would have thought that we need to use FV = PV * (1 + r/m)^(m x n) where m is the number...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.