A bond has a face value of $1,000, a maturity date of 2 years, it pays a 4% coupon rate every year, and has a yield to m
Posted: Mon Nov 15, 2021 5:16 pm
A bond has a face value of $1,000, a maturity date of 2 years, it pays a 4% coupon rate every year, and has a yield to maturity of 5%. What is the price of this bond? C1 C2 Cq+F P= + + (1+r) (1+r)2 1 *(1+r)