A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 5.8%. Time to maturity is 16 years and the cur

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 5.8%. Time to maturity is 16 years and the cur

Post by answerhappygod »

A semi-annual coupon bond has a face value of $1,000 and acoupon rate of 5.8%. Time to maturity is 16 years and the currentyield to maturity is 8.8%. How much is this bond worth? Round tothe nearest cent
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”