For calculation of Horizon price , shouldnt N be 2 and not 12?
This is a 7 year bond, one year from now it will be a 6 year bond (hence 6x2 = 12 for N).
Thanks Mcleod81
For calculation of Horizon price , shouldnt N be 2 and not 12?
This is a 7 year bond, one year from now it will be a 6 year bond (hence 6x2 = 12 for N).
Thanks Mcleod81