5 year semi annual coupon bond which is redeemable at par value has an amount of discount of 400. If the coupon rate is 4% annual effective rate and the yield rate is 6% annual effective rate. Calculate the amount of a single coupon.
how to calculate the amount of a single coupon?
please give me an answer with equations.
how to calculate the amount of a single coupon?
please give me an answer with equations.