6 ms·
I understand that point, but a real question. If you buy a 30 year coupon paying bond at $1 with a 5% yearly payment, won't it be a $1 bond in $30 years, regar
by tuna-piano 10y ago
I understand that point, but a real question. If you buy a 30 year coupon paying bond at $1 with a 5% yearly payment, won't it be a $1 bond in $30 years, regardless of whether it is $1.05 at year 28?