Question: A bond with a $1,000 par value has a 5.2% coupon with semi-annual interest payments. The bond has 22 years to maturity. If the yield

A bond with a $1,000 par value has a 5.2% coupon with semi-annual interest payments. The bond has 22 years to maturity. If the yield to maturity is 5.8%, what is the present value of the bond? 0 $1,370.25 $951.71 ( $925.96 $926.48 $1,078.09

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