Bond Pricing - CSUN
As interest rates rise, bond prices fall, and vice versa. For example, let’s take a two-year level-coupon bond paying 10% coupon annually and assume that the current interest rate is 10%. The bond is priced at its face value of $1,000: Value of the level-coupon bond = [100/1.10] + [(1,000+100)/(1.10)2] = $1,000 ................
................
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.