Fight Finance

Courses  Tags  Random  All  Recent  Scores

Scores
keithphw$5,921.61
cuiting$1,159.70
Visitor$1,088.61
Skywalke...$1,070.00
Carolll$1,013.33
Visitor$854.70
Visitor$840.00
Emma Lu$810.00
trungbin$803.09
Jade$785.80
alison$771.70
Visitor$760.00
zy$679.70
ninalee$669.70
Visitor$650.00
Visitor$637.00
Visitor$624.70
Nisrita$620.33
Visitor$603.33
Visitor$600.00
 

Question 287  bond pricing

A 30 year Japanese government bond was just issued at par with a yield of 1.7% pa. The fixed coupon payments are semi-annual. The bond has a face value of $100.

Six months later, just after the first coupon is paid, the yield of the bond increases to 2% pa. What is the bond's new price?




Copyright © 2014 Keith Woodward