Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
A $5,000 face value bond is quoted at a bank discount yield of 2.8 percent. what is the current value of the bond if it matures in 36 days?
A $5,000 face value bond is quoted at a bank discount yield of 2.8 percent. what is the current value of the bond if it matures in 36 days?
