Question: A 1 9 - year U . S . Treasury bond with a face value of $ 1 , 0 0 0 pays a coupon
A year US Treasury bond with a face value of $ pays a coupon of of face value every six months The reported yield to maturity is a sixmonth discount rate of
a What is the present value of the bond?
b If the yield to maturity changes to what will be the present value?
b If the yield to maturity changes to what will be the present value?
b If the yield to maturity changes to what will be the present value?
Note: For all requirements, do not round intermediate calculations. Round your answers to decimal places.
tablea Present value,b Present value,b Present value,b Present value,
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