Question: A 1 0 - year U . S . Treasury bond with a face value of $ 1 , 0 0 0 pays a coupon

A 10-year U.S. Treasury bond with a face value of $1,000 pays a coupon of 5.5%(2.75% of face value every six months). The reported yield to maturity is 5.2%(a six-month discount rate of 5.22=2.6%).
a. What is the present value of the bond?
b-1. If the yield to maturity changes to 1%, what will be the present value?
b-2. If the yield to maturity changes to 8%, what will be the present value?
b-3. If the yield to maturity changes to 15%, what will be the present value?
Note: For all requirements, do not round intermediate calculations. Round your answers to 2 decimal places.
\table[[a. Present value,],[b-1. Present value,],[b-2. Present value,],[b-3. Present value,]]
 A 10-year U.S. Treasury bond with a face value of $1,000

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