Question: can someoneone help please? Problem -11 Bond Valuation You are an active trader in the bond market. You are evaluating all of the bonds issued
Problem -11 Bond Valuation You are an active trader in the bond market. You are evaluating all of the bonds issued by Spice Trading, Inc. One bond has a fi value of $1,000 and 7.3% annual rate coupons, that are paid twice a year. This particular bond was issued as a 17-year bond, year ago If the current YTM for bonds like this is 5.3%, what is the current price (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Answer is complete but not entirely correct. Current bond price $ 1,128,83 You skipped this question in the previous attempt Problem -11 Bond Valuation You are an active trader in the bond market. You are evaluating all of the bonds issued by Spice Trading, Inc. One bond has a face value of $1,000 and 7.3% annual rate coupons, that are paid twice a year. This particular bond was issued as a 17-year bond, one year ago If the current YTM for bonds like this is 5.3%, what is the current price (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.34.) Current bond price
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