Question: Consider a bond ( with par value = $ 1 , 0 0 0 ) paying a coupon rate of 1 0 % per year

Consider a bond (with par value =$1,000) paying a coupon rate of 10% per year semiannually when the market interest
rate is only 4% per half-year. The bond has three years until maturity.
Required:
a. Find the bond's price today and six months from now after the next coupon is paid.
b. What is the total (6-month) rate of return on the bond?
Complete this question by entering your answers in the tabs below.
Find the bond's price today and six months from now after the next coupon is paid.
Note: Round your answers to 2 decimal places.
Consider a bond (with par value =$1,000) paying a coupon rate

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