Questions about Bond valuation
Hi, I attached the main material for my question.
The value of the Bond is said to be 116.34. However, the guy bought it for 100 euros. What does it mean ? Why did he bought it cheaper than its present value ?
Hi, I attached the main material for my question.
The value of the Bond is said to be 116.34. However, the guy bought it for 100 euros. What does it mean ? Why did he bought it cheaper than its present value ?
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