A bond was issued with a 15-year maturity, a $1000 Face Value, 5% coupon rate paid semi-annually, and a 6% YTM. What is
Posted: Mon Nov 15, 2021 5:07 pm
A bond was issued with a 15-year maturity, a $1000 Face Value, 5% coupon rate paid semi-annually, and a 6% YTM. What is the price of the bond now? Select one: O a. $916.32 O b. $962.31 O c. $940.25 O d. $902.00