kellywg
Jun 29, 2009, 08:34 AM
Can anyone help with where to begin on this question:
Assume you are trying to purchase a bond that pays monthly coupons (these coupons are determined by the 1m Libor rate) + par at maturity
The maturity of the bond is 2 years. What would be the price now for this bond?
Thanks
Assume you are trying to purchase a bond that pays monthly coupons (these coupons are determined by the 1m Libor rate) + par at maturity
The maturity of the bond is 2 years. What would be the price now for this bond?
Thanks





