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A bond has $ 52000 face value and the coupon rate of the bond is 3.1 % (APR). The YTM of the bond is 4.3 %. What is the
Posted: Mon Jan 17, 2022 8:09 am
by answerhappygod
- A Bond Has 52000 Face Value And The Coupon Rate Of The Bond Is 3 1 Apr The Ytm Of The Bond Is 4 3 What Is The 1 (12.81 KiB) Viewed 60 times
A bond has $ 52000 face value and the coupon rate of the bond is 3.1 % (APR). The YTM of the bond is 4.3 %. What is the fair price of the bond assuming that the maturity of the bond is 3 years and the bond pays coupon in every 4 months? (Give the answer in round numbers without presenting a $sign.) Answer: