Question: 2. Consider a ten year bond with a face value of $1000 that has a coupon rate of 5.5%, with semiannual payments. a. What is
2. Consider a ten year bond with a face value of $1000 that has a coupon rate of 5.5%, with semiannual payments.
a. What is the coupon payment for this bond? b. Draw the cash flows for the bond on a timeline. <<<<<<<<<<
3.. The yield to maturity (rate of interest) of a $1000 bond with a 7% coupon rate, semiannual coupons, and two years to maturity is 7.6% APR , compounded semiannually. What must be its price ?
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