2.Consider a risky bond with a cash flow of $1100 when the economy is strong
Consider a risky bond with a cash flow of $1100 when the economy is strong and $1000 when theeconomy is weak. Suppose a 1% risk premium is appropriate for this bond. If the risk-free interest rate i
2.Consider a risky bond with a cash flow of $1100 when the economy is strong and $1000 when theeconomy is weak. Suppose a 1% risk premium is appropriate for this bond. If the risk-free interest rate is 4%, what is the price of the bond today?
if i get this answer ill post a series of question