Consider 5 Year Irish Government Bond Coupon Rate 60 Paid Annual Basis Assume Nominal 100 Q17761426

Consider a 5-year Irish Government bond. The coupon rate is6.0%, and is paid on an annual basis. Assume you own a nominal €100of the bond. The yield -to- maturity in the market on a similar5-year bond is 2.4%. Calculate the value of your bond.
 
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