- Point S Possible Suppose A Ten Year 1 000 Bond With An 8 1 Coupon Rate And Semiannual Coupons Is Trading For 1 035 1 (28.33 KiB) Viewed 26 times
point(s) possible Suppose a ten-year, $1,000 bond with an 8.1% coupon rate and semiannual coupons is trading for $1,035.
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
point(s) possible Suppose a ten-year, $1,000 bond with an 8.1% coupon rate and semiannual coupons is trading for $1,035.
point(s) possible Suppose a ten-year, $1,000 bond with an 8.1% coupon rate and semiannual coupons is trading for $1,035.05. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The bond's yield to maturity is % (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? The new price for the bond is $ (Round to the nearest cent.)