Sign up  |  Log in


IN the CFAI book it is mentioned for boot strapping:

[question removed by moderator]

If they are zero coupon bonds than why do they have coupon payments of 0.059? 


Make the most of your CFA® Progam prep in one weekend! Join renowned instructors Peter Olinto & David Hetherington in May for a live, two-day intensive final review class.

They’re not zero-coupon bonds.  They’re coupon-paying bonds, paying the par rate.  That’s why they’re priced at par.

Surely you recall this from Level I.

Simplify the complicated side; don't complify the simplicated side.

Financial Exam Help 123: The place to get help for the CFA® exams