Question: A bond has $2,000 face value, 23.5 years to maturity, and 4.5% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

A bond has $2,000 face value, 23.5 years to maturity, and

A bond has $2,000 face value, 23.5 years to maturity, and 4.5% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 7.62%. What is this bond's market price? Assume the interest rate compounds semiannually. $1,532.24$1,294.46$1,322.35$2,135.67 Question 7 2.5pts A bond has $1,000 face value, coupon rate of 5.8%, and yield to maturity (YTM) of 3.4%. It will mature in 20 years and the interest rate will compound annually. What is this bond's current yield? 4.31%5.92%5.34%4.81%

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