The yield to maturity of a $1,000 bond with a 7.0% coupon​ rate, semiannual​ coupons, and two years to maturity is 7.6%

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answerhappygod
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The yield to maturity of a $1,000 bond with a 7.0% coupon​ rate, semiannual​ coupons, and two years to maturity is 7.6%

Post by answerhappygod »

The yield to maturity of a
$1,000
bond with a
7.0%
coupon​ rate, semiannual​ coupons, and two years to
maturity is
7.6%
​APR, compounded semiannually. What is its​ price?
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