How much should you be willing to pay for a 30-year bond with 5.5% semiannual coupon payments and a 7% required rate of

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answerhappygod
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How much should you be willing to pay for a 30-year bond with 5.5% semiannual coupon payments and a 7% required rate of

Post by answerhappygod »

How much should you be willing to pay for a 30-year bond with
5.5% semiannual coupon payments and a 7% required rate of return?
Is this bond selling at a premium or discount? Why?
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