M&B3 3rd Edition by Dean Croushore

تمرين 22

In Table 1, show the derivation of each of the following entries:
a The interest rate of 5.1 percent on a bond sold in 2011 that matures in 7 years.
b The interest rate of 4.4 percent on a bond sold in 2014 that matures in 5 years. c The interest rate of 4.5 percent on a bond sold in 2018 that matures in 2 years.
Table 1 Equilibrium Interest Rates on Bonds with Differing Times to Maturity