Question: A 14 year U.S. Treasury bond with a face value of $1,000 pays acoupon of 5.00%. The reported yield maturity is 4.8% (a six-monthdiscount rate

A 14 year U.S. Treasury bond with a face value of $1,000 pays acoupon of 5.00%. The reported yield maturity is 4.8% (a six-monthdiscount rate of 4.8/2=2.4%)What is the present value of the bond?If 2 answers

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