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%
Posted: Mon Mar 21, 2022 4:33 pm
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?
$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?