Fin Maverick
.
Bond Pricing and
Yield Mechanics
The coupon sets the cash.
The yield sets the price.
Enroll in the free course
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Payment schedule
Illustrative: an 8 per cent five year bond, face 1,000/-
Year 1
80/-
Year 2
80/-
Year 3
80/-
Year 4
80/-
Year 5
1,080/-