Abstract
The pricing of the most elementary of securities has been well understood since the nineteenth century. Financial practitioners had used the simple bond pricing formula to determine the price of a bond with a specified coupon payment rate and the redemption (or face) value.
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Notes
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© 2012 Colin Read
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Read, C. (2012). The Times. In: The Rise of the Quants. Great Minds in Finance. Palgrave Macmillan, London. https://doi.org/10.1057/9781137026149_14
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DOI: https://doi.org/10.1057/9781137026149_14
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