Calculating the actual price of the security in the Wall ...

Compare your calculations of price changes in question 10 with the price that you obtain from a financial calculator using a yield-to-maturity that is 30 basis points higher. ... 8 coupon semi-annual pmts till maturity I. 5.60/2 = 2.80 semi-annual rate PV. Cpt PMT. 6.125/2 = 3.0625 semi-annual … ................
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